- publication
- Documents and publications
Environmental vulnerability and debt sustainability in the Caribbean: do we have enough tools to address catastrophic risk?
Source
United Nations Conference on Trade and Development

Publication Year
2017
Number of pages
4 p.
This policy brief analyzes the challenge for Caribbean countries to invest in climate change adaptation and catastrophic risk insurance when there is limited capacity to a mobilize domestic resources and insufficient multilateral financing. Consequently, large scale natural disasters put at risk the environmental, economic and social viability of environmentally vulnerable countries.
Key points:
- The increasingly frequent occurrence of natural disasters due to climate change put at risk debt sustainability and socio-economic stability of vulnerable developing countries.
- The international community must review and enhance the tools available to such countries to maintain debt sustainability and mobilize resources for climate change adaptation and developmental transformation.
- Measures should include a review of criteria for the prioritization of ODA and concessional lending funds, improved insurance schemes and the establishment of a Global Disaster Mechanism (GDM) under the auspices of the United Nations.
Keywords
Hazards
Country & Region
Please note: Content is displayed as last posted by a PreventionWeb community member or editor. The views expressed therein are not necessarily those of UNDRR, PreventionWeb, or its sponsors. See our terms of use