National income is underpinned by a country's wealth--measured comprehensively to include all assets, produced capital, human capital, natural capital and net financial assets--and sustained economic growth over the long term requires investment in this broad portfolio of assets.
Although efforts at soil and water conservation are routinely viewed as instrumental in reducing vulnerability to climate change, their impact has rarely been quantified.
Over the last decade, a policy revolution has been under way in the developing and emerging world. Country after country are systematically providing noncontributory transfers to poor and vulnerable people, in order to protect them against economic shocks and to enable them to invest in themselves and their children.
Recurrent cyclonic storms in the Bay of Bengal inflict massive losses on the coastal regions of Bangladesh and India. Information on occurrences and severities of cyclones is necessary for understanding household and community responses to cyclone risks.
In emerging East Asia, agricultural output has expanded dramatically over recent decades, primarily as a result of successful efforts to stimulate yield growth.
The global economy is in a broad-based cyclical recovery. Investment, manufacturing and trade are on the rebound. Financing conditions are benign, monetary policies are generally accommodative, and the worst impacts of the recent commodity price collapse have begun to dissipate.
Although famine was averted in 2017, thanks in part to a massive scale-up in humanitarian assistance, famine remains a looming risk in the coming months and years.
The risk of the El Niño-induced food insecurity in southern Africa in 2016; the recent risk of famine in northern Kenya, Somalia, Ethiopia, and South Sudan; and the recent outbreak of the fall armyworm (FAW) in East and Southern Africa (ESA) all demonstrate that responses are still largely reactive than proactive.
This report highlights the most prominent climate change impacts facing Madagascar, with a particular emphasis on health, and provides investment relevant solutions to build resilience.
