Economics Explained on MSN20d
The World’s Smallest Economy Is DisappearingTuvalu, with a GDP of just $63 million, is the smallest economy on Earth. But it’s not just disappearing economically - rising sea levels may soon make it unlivable.
World Bank Grants US$7 Million to Strengthen Tuvalu’s Climate Resilience and Disaster Preparedness
According to the World Bank Group’s 2024 Pacific Atoll Countries Climate and Development Report, climate-related disasters result in economic losses equating to nearly 7% of Tuvalu’s GDP annually.
Diminishing Growth amid Global Uncertainty: Ramping up Investment in the Pacific (October 2024) The World Bank’s October 2024 Pacific Economic Update provides an assessment of the economies of the ...
Tuvalu is at the forefront of climate change. The low-lying atoll country is highly vulnerable to rising seas, frequent cyclones, prolonged droughts, and other climate-related events. These events ...
Pacific International Trust Company (PITCO) Limited has been contracted early this month to provide consultation on the ...
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