Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

The Selected Issues paper focuses on climate change in Kiribati. This note summarizes the main ways in which climate change may negatively affect the economy of Kiribati. It then shows how Kiribati may cope with these negative effects by implementing adaptation projects, as well as by contributing to global mitigation efforts. Finally, the note describes some issues related to climate finance and how authorities of Kiribati may direct their efforts in the most productive way to ensure that climate-related projects obtain the proper financial backing and are carried out to fruition in a timely fashion. Leveraging climate finance effectively is critical to ensure Kiribati implements climate projects. Introducing renewable energy is one of the most effective ways to achieve emissions reductions for Kiribati. Besides renewable energy, other non-price-based instruments can be deployed for climate mitigation. Above all, international cooperation is crucial to help Kiribati overcome climate threats. The impact of climate change is far beyond the ability of any countries to cope with it alone, not to mention small atoll islands like Kiribati.

Money and Monetary Policy --- International Economics --- Environmental Economics --- Agribusiness --- Gender Studies --- Women''s Studies' --- Monetary Policy --- International Agreements and Observance --- International Organizations --- Climate --- Natural Disasters and Their Management --- Global Warming --- Economics of Gender --- Non-labor Discrimination --- Agricultural Markets and Marketing --- Cooperatives --- Environmental Economics: General --- Education: General --- Monetary economics --- International institutions --- Climate change --- Agriculture, agribusiness & food production industries --- Social discrimination & equal treatment --- Macroeconomics --- Green finance / sustainable finance --- Monetary policy --- International organization --- Environment --- Agroindustries --- Economic sectors --- Gender inequality --- Gender --- Climate finance --- Education --- International agencies --- Climatic changes --- Agricultural industries --- Sex discrimination --- Women --- Kiribati

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Due to supportive fiscal policies, the economy recovered strongly in 2021, with real GDP growing 7.9 percent. However, a domestic outbreak of COVID-19 and the subsequent lockdown restrictions imposed in the first half of 2022 along with a severe drought dampened economic activities. With the reopening of borders in August 2022, GDP growth is expected to increase from an estimated 1.2 percent in 2022 to 2.5 percent in 2023. Inflation has picked up recently due to the recovery in domestic demand, supply shortages, and elevated commodity prices and freight costs. Risks to the outlook are mainly on the downside.

Agribusiness --- Agricultural industries --- Agricultural Markets and Marketing --- Agriculture, agribusiness & food production industries --- Agroindustries --- Computer Programs: Other --- Cooperatives --- Data Collection and Data Estimation Methodology --- Debt Management --- Debt --- Debts, External --- Debts, Public --- Econometrics & economic statistics --- Economic and financial statistics --- Economic sectors --- Exports and Imports --- External debt --- Finance --- Finance, Public --- Government finance statistics --- International agencies --- International Agreements and Observance --- International Economics --- International economics --- International institutions --- International Lending and Debt Problems --- International organization --- International Organizations --- Monetary economics --- Monetary Policy --- Monetary policy --- Money and Monetary Policy --- National Government Expenditures and Related Policies: General --- Natural Disasters --- Natural disasters --- Public debt --- Public finance & taxation --- Public Finance --- Public financial management (PFM) --- Sovereign Debt --- Statistics --- Kiribati