COVID-19 MACROECONOMIC POLICY RESPONSES IN AFRICA 26 - Measuring Economic Vulnerability and Resilience to

Introduction The meeting of the 28th Conference of the Parties to the UN Framework Convention on Climate Change (COP28) in Dubai from 30 November to 13 December 2023 saw intense debate on the pressing issue of climate financing. [...] The compilation of this index faced some challenges owing to the discontinuation of the World Bank’s Doing Business (DB) index, which was one of the indicators for the ND-GAIN. [...] The work of Guillaumont and Simonet8 on the vulnerability of African countries to climate change was an important step in trying to develop quantitative measures to assess climate vulnerability on the continent. [...] In total, 160 countries are included for the calculation of the indices (these are the countries that have all the necessary data needed for inclusion in the index). [...] Climate change economic vulnerability across countries Source: Compiled by author 15 Measuring Economic Vulnerability and Resilience to Climate Change In terms of economic resilience to climate shocks, the results are generally the mirror image of vulnerability, with high-income countries being the most resilient and low-income countries dominating the least resilient rankings.