Digital finance, a lifeline during COVID-19 crisis, can deliver long-term financing of the Sustainable Development Goals
Three years after the Manaro Voui crater volcanic eruption in Ambae, Vanuatu in 2017, some Ambae families are still displaced in nearby Santo and Maewo islands with very little to return to and longing for the semblance of normality they once enjoyed. Flashback to 2017, the Government of Vanuatu declared a State of Emergency, following the Level 4 alert issued by the Vanuatu Meteorology and Geo- Hazards Department (VMG-D) monitoring Manaro Voui. A Level 4 alert indicated danger on the volcanic cone and a possibility of a very large eruption. This resulted in a mass evacuation of close to 11,000 Ambae residents.
Since January 2020, scientists have been studying COVID-19 and developing vaccines, and Governments have introduced unprecedented measures to stop its spread. While we knew close to nothing about this Coronavirus eight months ago, we now have a clearer idea about what it is, how it strikes and what needs to be done. First, on tackling this Coronavirus.
The assessment is guided by the UN Secretary General’s Framework for the Immediate Socio-Economic Response to COVID-19, and analyses actual and potential losses for Fiji’s economy and vulnerable groups as a result of the COVID-19 pandemic.
It also analyses the magnitude and nature of impact on selected sectors and population groups which are disproportionately impacted by the pandemic, and recommends the most effective policy interventions to address the impact of COVID-19.
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