Economic and fiscal impacts of disasters in the pacific

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This technical note is intended to support climate risk assessment (CRA) experts, in particular, those undertaking the early stages of project development. Time and resources could be saved by attaching this document to terms of reference issued to CRA co

Disaster events have lasting impacts on people, communities, and socioeconomic development. Countries in the Pacific are among the most exposed, globally, to natural disasters, including floods, droughts, cyclones, and earthquakes. The effects of climate change threaten to increase the severity and frequency of hazard events in the Pacific region, emphasizing the need for Pacific island countries to protect themselves against corresponding social and economic consequences.