Seychelles: Climate Change Policy Assessment

International Monetary Fund

No 2017/162, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper takes stock of Seychelles’ plans to manage climate change, from the perspective of its macroeconomic implications. It suggests macro-relevant reforms that could strengthen the plans’ likelihood of success. It highlights high public awareness and a body of existing sustainable development planning, which puts Seychelles several steps ahead toward preparedness. Next steps would be to ensure that climate change planning is integrated with the forthcoming National Development Plan. Disaster preparedness is a relatively strong point, but there is much still to be done—from improving warning systems to resilience building to contingency financing.

Keywords: ISCR; CR; disaster risk reduction effort; near-to-full employment; climate change Risks; government financing; mitigation plan; PIM practice; climate change; financing gap; import bill; energy security; financial support; Seychelles' NDC; investment strategy; Climate change; Natural disasters; Public investment and public-private partnerships (PPP); Carbon tax; Renewable energy; Caribbean; Global (search for similar items in EconPapers)
Pages: 60
Date: 2017-06-20
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