Small Island States are particularly vulnerable to the impact of climate change and natural disasters. In fact, 2/3 of the countries that have been most severely impacted by disasters are small island nations, which have lost between 1 and 9% of GDP annually due to weather extremes and other catastrophes. The severity and recurrence of disasters makes it hard for those countries to recover, and seriously undermines ongoing development efforts.
The World Bank and the Global Facility for Disaster Reduction and Recovery (GFDRR) are actively working with small island states to mitigate the impact of natural disasters and climate risk, including through their joint Small Island States Resilience Initiative. World Bank Senior Director Ede Ijjasz-Vasquez and GFDRR's Sofia Bettencourt tell us more.
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The World Bank and the Global Facility for Disaster Reduction and Recovery (GFDRR) are actively working with small island states to mitigate the impact of natural disasters and climate risk, including through their joint Small Island States Resilience Initiative. World Bank Senior Director Ede Ijjasz-Vasquez and GFDRR's Sofia Bettencourt tell us more.
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