Governments face growing contingent liabilities from disasters as they tend to shoulder a significant share of disaster response and recovery costs. Disaster shocks increase government expenditure and hamper economic activities. An increasing number of countries are developing financial...

This report provides guidance to policy and decision makers on holistic approaches to resilient services for water supply and sanitation (WSS) in the Caribbean, a high-risk region that struggles to manage natural disasters and other periodic shocks. WSS services are critical for societies...

Urban Planning is often touted as one of the key actions for achieving sustainable and resilient development, and it is seen as a key element for reducing disaster risks in urban areas. It is especially important for managing urban growth and increasing resilience in already built-up urban...

The Caribbean region is highly exposed to different types of shocks, some with devastating effects, ranging from climate change and disasters to external economic stresses and epidemics like the ongoing COVID-19 pandemic. Most Caribbean economies are small and open, and reliant on tourism and...

The Caribbean region suffers major economic losses from natural hazards such as flooding due to storms, cyclones, extreme waves, winds and precipitation, coastal erosion, volcanic eruptions and landslides. Consequently, as typical at most small coastal states, when a disaster strikes, a large...

Public financial management (PFM) is one of the key government instruments of supporting effective preparation, response, and resilience to disasters. Yet many PFM institutions, systems, and processes lack disaster resilience and responsiveness. In times of growing awareness of the impacts of...

The private sector in the Caribbean is crucial for economic growth and job creation and economic resilience is thus heavily determined by the shock absorbing capacity of individual firms and households. As the definition of the private sector is generally broad and includes economic agents of...

Sustainable management of environment and natural resources is essential for the long-term and sustainable growth of key economic sectors, such as fisheries, forestry or tourism, across the Caribbean. In addition to being important generators of GDP and beneficial to the human well-being...

Macroeconomic shocks refer to any unpredicted disturbance to the economy through internal or external factors. Economic resilience is broadly defined as the inherent or policy-induced ability of individuals or communities to withstand or recover from the effects of the various shocks. The...

Evaluating the resilience of critical infrastructure systems (power, transport and water sectors) in the Caribbean requires geospatial data on infrastructure, hazard frequency, fragility, and downstream impact modeling. Ideally, resilience analyses can inform decision makers about their most...