Striking a Balance
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World Bank, Washington, DC
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The purpose of this report is to improve
the Philippines’ preparedness for the El Niño–Southern
Oscillation (ENSO) by informing stakeholders of ENSO’s
agricultural and economic impacts. The report finds that
ENSO has detrimental impacts on the Philippine people,
economy, poverty levels, and agricultural sector. The
country has taken actions and enacted policies to respond to
ENSO events, but these have not adequately mitigated the
costs of ENSO impacts. That said, there are further actions
the country can take to better prepare for these impacts.
This is important because of the Philippines’ high exposure
to climate shocks, the rural population’s climate
vulnerability, and the prominence of the agricultural sector
in the national economy.
Palabras clave
EL NINO, LA NINA, AGRICULTURAL PRODUCTIVITY, NATURAL DISASTERS, FLOOD, DROUGHT, DISASTER RISK MANAGEMENT, DISASTER PREPAREDNESS, CLIMATE IMPACT, EXTREME WEATHER