Samoa: Technical Assistance Report—Climate Macroeconomic Assessment Program

Volume/Issue: Volume 2022 Issue 083

Publication date: March 2022

ISBN: 9798400205569

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Money and Monetary Policy , International - Economics , Environmental Economics , Natural Disasters , Public Policy- Environmental Policy , Samoa climate change policy , Adaptation investment , adaptation Policy gap assessment , C , meeting emission reduction , risk financing initiative , Natural disasters , Climate change , Climate finance , Climate policy , Global , Asia and Pacific

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Summary

Samoa is highly exposed to natural hazards such as tropical cyclones, earthquakes, tsunamis, droughts, and floods. These damage economic growth and impact debt sustainability adversely. Increasing frequency and intensity of coastal storms are likely to amplify damage to infrastructure and livelihoods. Slow-moving climate stresses such as sea level rise and increasing heat hazard are also likely to impact potential growth in the main economic sectors such as agriculture, fisheries, and tourism.