Technical assistance report documents efforts to enhance disaster risk integration in macroeconomic analysis for The Bahamas, suggesting strategic capacity development.
Key Points
The aim is to enhance the integration of climate-related disaster risks into macroeconomic analysis in The Bahamas.
Scoping mission to assess existing analytical tools and data practices.
Identification of gaps in disaster risk integration into forecasting frameworks.
Proposal of a multi-stage capacity development program for the DIGNAD model.
Proposed program aims to institutionalize disaster risk analysis in policy assessment.
Identified the need for calibration and scenario design to improve forecasting accuracy.
Strengthening of evidence-based macroeconomic management practices was emphasized.