Climate Change Impact and Structural Reforms in Kiribati
INT
NATIO
MONETA
March 31, 2023
INTERNATIONAL MONETARY FUND
KIRIBATI
SELECTED ISSUES
Approved By
Asia and Pacific
Department
CONTENTS
Prepared By Anh Thi Ngoc Nguyen (APD), Nico Valckx (AFR),
Cristian Alonso, and Joel Kilpatrick (both FAD), Lisa Kolovich
(SPR), and Michele Fornino (STA)
4
CLIMATE CHANGE IN KIRIBATI: THE WAY FORWARD
A. Introduction
B. Adaptation
C. Mitigation
D. Climate Finance
E. Conclusion
References
FIGURES
1. Conceptual Description of Climate Note and Policy Advice
2. Estimated Annual Climate Adaptation Costs
3. Price Increases Due to a Carbon Tax of $25 per Ton
st
4
10
12
14
16
11
4. Burden of Higher Prices by Quintile for a Carbon Tax of $20 per Ton
11
5. Funding Approved and Disbursed by the GCF as of May 2021
12
UNLOCKING GROWTH POTENTIAL IN KIRIBATI: TAKING STOCK OF STRUCTURAL
REFORMS
18
A. Introduction
18
B. Potential Growth Impact of Structural Reforms
19
C. Taking Stock of Recent Structural Reforms in Kiribati
22
D. Policy Recommendations and Conclusion
25
References
27View entire presentation