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Grenada: Disaster Resilience Strategy

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  • International Monetary Fund

Abstract

Natural disasters and climate change are existential threats to Grenada, with annual losses from these events estimated at 1.7 percent of GDP. Grenada has proactively pursued resilience-building, with its Climate Change Policy and National Adaptation Plan providing detailed roadmaps for policymakers. However, the challenges are increasing, including from slow-moving effects owing to the rising sea level, even as implementation capacity and resource constraints remain significant impediments. The COVID-19 pandemic has amplified those challenges by increasing risks and tightening Grenada’s fiscal space.

Suggested Citation

  • International Monetary Fund, 2022. "Grenada: Disaster Resilience Strategy," IMF Staff Country Reports 2022/080, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2022/080
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