Climate change has made delivering better development in Madagascar ever more urgent. This Country Climate and Development Report (CCDR) finds that Madagascar's aspiration to evolve into an emerging country by 2040 will be derailed unless it can bolster its resilience to intensifying climate shocks to safeguard its modest development gains and boost economic growth. The high frequency of extreme climate shocks since the 1970s has led
Authors
- Disclosure Date
- 2024/10/14
- Disclosure Status
- Disclosed
- Doc Name
- Madagascar - Country Climate and Development Report
- Pages
- 88
- Product Line
- Advisory Services & Analytics
- Published in
- United States of America
- Rel Proj ID
- MG-Madagascar Country Climate And Development Report -- P179685
- TF No/Name
- TF0C0989-SPF: Climate Resilience and Fragility Southern Madagascar
- Unit Owning
- AFR ENR PM 3 (SAEE3)
- Version Type
- Final
- Volume No
- 1
Files
Table of Contents
- Foreword 2
- Acknowledgments 3
- Acronyms and Abbreviations 5
- Foreword ............................................................................................................................... i 7
- Acknowledgments ................................................................................................................. ii 7
- Acronyms and Abbreviations .................................................................................................iv 7
- Executive Summary ..................................................................... 7
- 1. Madagascars Dual Climate and Development Challenge .............................................. 1 7
- 2. Are Madagascars Policies and Institutions Ready for the Climate Crisis .................... 11 7
- 3. Climate-Resilient Development Pathways for Madagascar ......................................... 18 7
- 4. Whole of-Economy and Poverty Impacts of Climate Change ....................................... 41 8
- 5. Financing Madagascars Climate Transition ................................................................ 51 8
- 6. Recommendations ..................................................................................................... 60 8
- Executive Summary 9
- Madagascar is especially vulnerable to climate change 9
- A blueprint for urgent action 12
- Priority Area 1 Ensuring Climate Resilience in Key Sectors 12
- Priority Area 2 Achieving Institutional and Policy Climate Readiness 14
- Priority Area 3 Securing Climate Finance and Mobilizing the Private Sector 15
- Climate finance gap reduced in the periods 2023-2030 and 16
- 2040-50 if CCDR recommendations are implemented 16
- Recommendations 18
- 2. Madagascars Dual Climate and Development Challenge 23
- 2.1. Madagascars Development Ambitions and Challenges 24
- 2.2. Climate Change and Variability in Madagascar 27
- 1.2.1. Climate change is already a reality in Madagascar Observed trends 28
- 1.2.2. Future climate in Madagascar 31
- 3. Are Madagascars Policies and Institutions Ready for the 33
- Climate Crisis 33
- 3.1. Climate Governance in Madagascar A Gap Analysis 34
- 3.2. Madagascars Approach to Disaster Risk Management 36
- 3.3. Priority Actions to Improve Madagascars Climate and DRM 38
- Governance 38
- 4. Climate-Resilient Development Pathways for Madagascar 40
- 4.1. Water Food and Energy Security in a Changing Climate 41
- 3.1.1. The future of Malagasy agriculture under climate change 42
- 3.1.2. Making hydropower work for development and energy security 46
- 4.2. Scaling Up the Coastal and Blue Economy 49
- 4.3. Creating Vibrant Climate-Resilient Cities 52
- 3.3.1. Climate and disaster risk trends in urban areas 52
- 3.3.2. Key constraints to climate-resilient urban growth 53
- 3.3.3. A way forward for creating vibrant climate-resilient cities 54
- 4.4. Towards a Climate-resilient Multimodal Transport System 55
- 3.4.1. Climate-vulnerable transport infrastructure 55
- 3.4.2. Investment and reforms to increase transport resilience 55
- 4.5. Investing in Human Capital Growth under a Changing 57
- Climate 57
- 3.5.1. Social protection to build climate resilience and cope with shocks 58
- 3.5.2. Proactively addressing the health impacts of climate change 60
- 3.5.3. Educating for climate change Investing in Madagascars future 61
- 5. Whole of-Economy and Poverty Impacts of Climate Change 63
- 4.1. Estimating Future Macroeconomic Impacts of Climate Change 63
- 4.2. Poverty and Inequality in a Changing Climate 69
- 6. Financing Madagascars Climate Transition 73
- 6.1. Key Sources of Climate Finance for Madagascar 73
- 5.1.1. Insurance and risk management products 75
- 5.1.2. Voluntary carbon markets 75
- 5.1.3. Innovative climate finance solutions 76
- 6.2. Fiscal Policy and Reforms to Support Climate-Resilient 77
- Growth 77
- 6.3. Managing Climate-related Financial Risks 80
- 7. Recommendations 82