Adaptation to climate change is an integral part of sustainable development and a necessity for advanced and developing economies alike. How can adaptation be planned for and mainstreamed into fiscal policy? Setting up inclusive coordination mechanisms and strengthening legal foundations to...

We analyze the impact of climate events on migration among a cohort of young adults residing in rural Madagascar. We find a strong negative impact of drought on the decision of youth to migrate in the year after the adverse weather shock. Household assets and access to savings institutions...