Seychelles Country Climate and Development Report
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Washington, DC: World Bank
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The World Bank Group’s Country Climate and Development Reports (CCDRs) are a core diagnostic that integrates climate change and development. They help countries prioritize the most impactful actions that can reduce greenhouse gas (GHG) emissions and boost adaptation and resilience, while delivering on broader development goals. CCDRs build on data and rigorous research and identify main pathways to reduce GHG emissions and climate vulnerabilities, including the costs and challenges as well as benefits and opportunities from doing so. The reports suggest concrete, priority actions to support the low-carbon, resilient transition. As public documents, CCDRs aim to inform governments, citizens, the private sector and development partners and enable engagements with the development and climate agenda. CCDRs feed into other core Bank Group diagnostics, country engagements and operations, and help attract funding and direct financing for high-impact climate action.
The World Bank Group’s Country Climate and Development Reports (CCDRs) are a core diagnostic that integrates climate change and development. They help countries prioritize the most impactful actions that can reduce greenhouse gas (GHG) emissions and boost adaptation and resilience, while delivering on broader development goals. CCDRs build on data and rigorous research and identify main pathways to reduce GHG emissions and climate vulnerabilities, including the costs and challenges as well as benefits and opportunities from doing so. The reports suggest concrete, priority actions to support the low-carbon, resilient transition. As public documents, CCDRs aim to inform governments, citizens, the private sector and development partners and enable engagements with the development and climate agenda. CCDRs feed into other core Bank Group diagnostics, country engagements and operations, and help attract funding and direct financing for high-impact climate action.
The Seychelles Country Climate and Development Report (CCDR) provides analysis and recommendations on how Seychelles can achieve sustained development while responding to climate change. As the continent’s only high-income country, Seychelles is a success story in Africa. But as a small island developing state (SIDS) of 122,000 people scattered across several islands in the Indian Ocean, it is also highly exposed to shocks, including increased climate variability and change. Despite these structural challenges, Seychelles has high ambitions to climb the ranks among high-income countries, leveraging a balanced approach between economic development and environmental stewardship. Achieving these goals will require a more diversified, productive, and inclusive economy. This report finds that adapting to a changing climate offers opportunities to boost growth, jobs, and development outcomes, while also reducing climate risks and greenhouse gas (GHG) emissions. However, grasping these opportunities will require actions to address rising sea levels, increasing temperatures, and more frequent storms, which threaten tourism and fisheries, the two central pillars of the economy, as well as 90 percent of the population and key infrastructure concentrated in coastal areas. This CCDR analyzes how Seychelles can achieve its development ambitions while strengthening climate resilience and ensuring sustainability. Chapter 1 provides background on how development, structural vulnerabilities, and climate interact in Seychelles. Chapter 2 provides an overview of Seychelles’ climate change commitments, current policies, and institutional gaps. Chapter 3 provides policy recommendations and investment needs for six areas of the economy: tourism, ocean economy, energy, infrastructure, water and agriculture, and human capital, crucial to achieve resilient and sustainable development. Chapter 4 assesses the macroeconomic and distributional impacts of three modeled pathways of development and climate action. Chapter 5 outlines options for mobilizing financing. Chapter 6 concludes with priority actions and recommendations on a path forward.
The World Bank Group’s Country Climate and Development Reports (CCDRs) are a core diagnostic that integrates climate change and development. They help countries prioritize the most impactful actions that can reduce greenhouse gas (GHG) emissions and boost adaptation and resilience, while delivering on broader development goals. CCDRs build on data and rigorous research and identify main pathways to reduce GHG emissions and climate vulnerabilities, including the costs and challenges as well as benefits and opportunities from doing so. The reports suggest concrete, priority actions to support the low-carbon, resilient transition. As public documents, CCDRs aim to inform governments, citizens, the private sector and development partners and enable engagements with the development and climate agenda. CCDRs feed into other core Bank Group diagnostics, country engagements and operations, and help attract funding and direct financing for high-impact climate action.
The Seychelles Country Climate and Development Report (CCDR) provides analysis and recommendations on how Seychelles can achieve sustained development while responding to climate change. As the continent’s only high-income country, Seychelles is a success story in Africa. But as a small island developing state (SIDS) of 122,000 people scattered across several islands in the Indian Ocean, it is also highly exposed to shocks, including increased climate variability and change. Despite these structural challenges, Seychelles has high ambitions to climb the ranks among high-income countries, leveraging a balanced approach between economic development and environmental stewardship. Achieving these goals will require a more diversified, productive, and inclusive economy. This report finds that adapting to a changing climate offers opportunities to boost growth, jobs, and development outcomes, while also reducing climate risks and greenhouse gas (GHG) emissions. However, grasping these opportunities will require actions to address rising sea levels, increasing temperatures, and more frequent storms, which threaten tourism and fisheries, the two central pillars of the economy, as well as 90 percent of the population and key infrastructure concentrated in coastal areas. This CCDR analyzes how Seychelles can achieve its development ambitions while strengthening climate resilience and ensuring sustainability. Chapter 1 provides background on how development, structural vulnerabilities, and climate interact in Seychelles. Chapter 2 provides an overview of Seychelles’ climate change commitments, current policies, and institutional gaps. Chapter 3 provides policy recommendations and investment needs for six areas of the economy: tourism, ocean economy, energy, infrastructure, water and agriculture, and human capital, crucial to achieve resilient and sustainable development. Chapter 4 assesses the macroeconomic and distributional impacts of three modeled pathways of development and climate action. Chapter 5 outlines options for mobilizing financing. Chapter 6 concludes with priority actions and recommendations on a path forward.
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LOW-CARBON, CLIMATE RESILIENCE, DISASTER RISK MANAGEMENT