IMF Staff Country Reports

Seychelles: Climate Change Policy Assessment

Publication Date:

June 20, 2017

Electronic Access:

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Summary:

This paper takes stock of Seychelles’ plans to manage climate change, from the perspective of its macroeconomic implications. It suggests macro-relevant reforms that could strengthen the plans’ likelihood of success. It highlights high public awareness and a body of existing sustainable development planning, which puts Seychelles several steps ahead toward preparedness. Next steps would be to ensure that climate change planning is integrated with the forthcoming National Development Plan. Disaster preparedness is a relatively strong point, but there is much still to be done—from improving warning systems to resilience building to contingency financing.

Series:

Country Report No. 2017/162

Subject:

Carbon tax Climate change Environment Expenditure Natural disasters Public investment and public-private partnerships (PPP) Renewable energy Taxes