Policy Options to Strengthen São Tomé and Príncipe's Resilience to Natural Disasters

Résumé du livre

São Tomé and Príncipe is highly vulnerable to natural disasters and strengthening resilience is macro-critical. The government faces significant challenges, including weak infrastructure, insufficient protection against floods, and lack of financial resources. Simulations using the DIGNAD model illustrate the positive impact of investing in climate-resilient infrastructure and strengthening public investment efficiency on economic growth and debt, compared to ex-post disaster management and financial contingency funds. Given São Tomé and Príncipe’s large needs and debt vulnerabilities, international financial support is key to strengthen resilience.