After the Storm

At this high-level roundtable, Jim Yong Kim, President of the World Bank Group, suggested three actions at the outset. First, in the wake of disasters like Irma and Maria we should channel resources quickly, flexibly, efficiently, and ensure that they reach those most adversely affected. Second, we need to make sure that we use all existing instruments and knowledge to help build resilience. Third, we need to think creatively and come up with innovative solutions to compounded challenges of the Caribbean: high vulnerability, low growth, and high debt. This could include designing debt for resilience initiatives, mobilizing innovative risk financing tools to better manage fiscal risks related to disorders, and mobilizing private sector participation in working out solutions.

Bibliographic Details

Main Authors:	Kim, Jim Yong, Mohammed, Amina, Mitchell, Keith, Bibeau, Marie-Claude, Patel, Priti, Green, Mark
Format:	Speech biblioteca
Language:	English
Published:	Washington, DC: World Bank 2017-10-13
Subjects:	SMALL ISLAND STATES, REMITTANCES, REFUGEES, EXTREME WEATHER EVENT, DISASTER RISK MANAGEMENT, RESILIENCE, SUSTAINABLE DEVELOPMENT, CLIMATE CHANGE ADAPTATION, SOCIAL PROTECTION, INSURANCE, RESILIENT INFRASTRUCTURE, CONCESSIONAL FINANCING, CLIMATE FINANCE, DISASTER RELIEF, DEBT RELIEF,
Online Access:	http://documents.worldbank.org/curated/en/687911536587107169/After-the-Storm-Recovery-and-Resilience-in-the-Caribbean-High-level-Caribbean-Roundtable-during-the-WB-IMF-Annual-Meetings https://hdl.handle.net/10986/31105
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