St. Lucia : Climate Change Policy Assessment

Author/Editor:

International Monetary Fund. Western Hemisphere Dept.

Publication Date:

June 21, 2018

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

St. Lucia has been a leader among vulnerable Caribbean states in prioritizing a response to climate change, both nationally and in international fora. Its Nationally Determined Contribution (NDC) submission to the Paris Agreement outlines a balanced mitigation strategy backed by costed investment plans, and a qualitative adaptation strategy with identified priority sectors. A National Adaptation Plan (NAP) process was launched in April 2018. This paper takes stock of St. Lucia’s plans to manage climate change, from the perspective of their macroeconomic implications. It suggests macro-relevant reforms that could strengthen the likelihood of success of the national strategy and identifies policy gaps and resource needs.

Series:

Country Report No. 18/181