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Title:	Pacific Economic Monitor - December 2017
Authors:	ADB
Issue Date:	Dec-2017
Description:	This latest issue of the Pacific Economic Monitor highlights the gains of Pacific developing member countries (Pacific DMCs) and the challenges that the Pacific DMCs continue to face including the impacts of climate change. The Pacific is among those parts of the world most vulnerable to weather-related disasters. To illustrate, 5 of the top 15 countries with the highest risk, and 10 of the top 30 facing the largest potential economic losses from disasters, are in the subregion. With climate change bringing additional risks from global sea level rise—and potentially heightening vulnerability to more intense, frequent, and prolonged extreme weather events—Pacific economies are stepping up adaptation efforts to brace for future adverse impacts. These include climate-proofing vital infrastructure assets, strengthening disaster risk management, and expanding social safety nets to build resilience to disasters. Further, a number of Pacific economies are promoting green urban development to move toward more sustainable green cities. Careful monitoring and planning will also be required to manage important income flows, including fishing license fees and tourism-related revenues, amid climate-related volatilities and to maintain adequate fiscal buffers for disaster response.
URI:	https://www.adb.org/publications/pacific-economic-monitor-december-2017 https://elibrary.tucl.edu.np/handle/123456789/5103
ISBN:	9789292610265 9789292610272
ISSN:	25216066 25216074
Country:	Fiji New Zealand Timor-Leste Papua New Guinea Vanuatu Marshall Islands Samoa Cook Islands Solomon Islands Tonga Kiribati Micronesia Federated States of Nauru Palau Tuvalu
Appears in Collections:	ADB Collections

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