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Fiscal Risks Assessment Study of Critical Infrastructure Sectors in Fiji
Partenaire de mise en œuvre : Build Change
Fiscal Risks Assessment Study of Critical Infrastructure Sectors in Fiji
This study for Fiji in the Pacific region links disaster impacts on infrastructure to fiscal outcomes. It recommends enhancing disaster risk financing and institutional capacity for managing contingent liabilities.
Serving as a benchmark, it offers a methodology to assess the economic and fiscal implications of disasters and evaluate financing mechanisms.
The goal is to guide policymakers and development partners in adopting risk-informed investment and budgeting to strengthen fiscal resilience in vulnerable economies.
between 1931 – 2022
économiques
Impact
1
Fiji’s Power sector, alongside Roads and Bridges, faces annual losses of $197 million from natural hazards. Cyclone-prone substations drive vulnerability, with asset losses rising from 16.25% to 23.77% under worsening climate scenarios, demanding urgent, resilient investment and financing.
2
Post-disaster GDP modelling, especially after Cyclone Winston, shows over 30% losses in key sectors, delaying recovery. Financing gaps strain public budgets and increase debt, highlighting the need for structured disaster risk financing to enhance fiscal resilience.
3
Coalition Connect at the DRI Pavilion will be a dynamic space for CDRI members and partners to share insights, deepen partnerships, and ignite fresh opportunities to advance resilient infrastructure and shape a more secure future.
