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Sub-Saharan Africa: Building Resilience to Climate-Related Disasters

Author

Listed:
  • Eric M. Pondi Endengle
  • Seung Mo Choi
  • Ms. Pritha Mitra

Abstract

This paper assesses the impact of climate-related disasters on medium-term growth and analyzes key structural areas that could substantially improve disaster-resilience. Results show that (i) climaterelated disasters have a significant negative impact on medium-term growth, especially for sub-Saharan Africa; and (ii) a disaster’s intensity matters much more than its frequency, given the non-linear cumulative effects of disasters. In sub-Saharan Africa, electrification (facilitating irrigation) is found to be most effective for reducing damage from droughts while improved health care and education outcomes are critical for raising resilience to floods and storms. Better access to finance, telecommunications, and use of machines in agriculture also have a significant impact.

Suggested Citation

  • Eric M. Pondi Endengle & Seung Mo Choi & Ms. Pritha Mitra, 2022. "Sub-Saharan Africa: Building Resilience to Climate-Related Disasters," IMF Working Papers 2022/039, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:2022/039
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=513578
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    Cited by:

    1. Robert Reinhardt, 2022. "Shaking up Foreign Finance: FDI in a Post-Disaster World," Post-Print halshs-03908250, HAL.

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