Small Island Developing States (SIDS) in the Caribbean, Pacific, Africa and Indian Ocean are among the world’s most vulnerable countries to natural disasters, and climate change is expected to greatly increase their exposure to hurricanes, storm surges, extreme winds, and flooding. A report launched today by the World Bank says the transport sector can play a central role in reducing the vulnerability of SIDS.
In view of the urgent needs of Caribbean islands affected by Hurricanes Irma and Maria, the “CARICOM-UN High-level Pledging Conference: Building a more Climate-Resilient Community ” mobilised a broad partnership to support reconstruction efforts, including through over US$1.3 billion in pledges and over $1 billion in loans and debt relief.
The United Nations Development Programme (UNDP) is grateful for the specific pledges made by Norway, India, Luxembourg, Russian Federation, Thailand, Kuwait, Bangladesh, United Arab Emirates, Singapore, Estonia, Indonesia, Lao People's Democratic Republic, Mongolia, Myanmar and Albania to regular resources totaling $77 million.
Studies & Presentations
Recent regional climate change projections have consequences for human systems, particularly for developing countries in Asia and the Pacific.
Given a poverty line, a person who is non-poor (poor) currently may not be treated as non-poor (poor) in a vulnerable situation. The poverty line is adjusted in the presence of vulnerability such that the utility of a person at the current poverty line and that at the adjusted poverty line become identical. Using an additive model of vulnerability, it is shown that if the utility function obeys constant Arrow-Pratt absolute risk aversion, then the harmonized poverty line is a simple absolute augmentation of the current poverty line.