This technical assistance report documents a scoping mission to strengthen the authorities’ capacity to integrate climate-related natural disaster risks into macroeconomic analysis in The Bahamas. Conducted at the request of the Central Bank of The Bahamas, the mission assessed existing analytical tools, institutional arrangements, and data practices, identifying gaps in incorporating disaster shocks and debt-investment-growth linkages into forecasting frameworks. The report proposes a multi-stage capacity development program centered on operationalizing the DIGNAD model, including calibration, scenario design, and integration into existing frameworks. The program aims to institutionalize disaster risk analysis, strengthen policy assessment, and support evidence-based macroeconomic management and resilience planning in a highly disaster-prone small island economy.
A Mon, study studied this question.