CLIMATE FINANCE
Almost 1,600 Brazilian cities are too poor to prevent climate disasters
29% of all Brazilian municipalities are at significant risk of landslides and floods and lack the credit for preventive adaptation measures. Photo: Tânia Rêgo/EBC
Almost three in every 10 Brazilian municipalities live in a state of double vulnerability: they are at high risk of climate disasters, but lack the fiscal capacity to prevent the catastrophic impacts of these events.
This was the finding reached by environmentalist NGO network the Climate Observatory, which cross-referenced public data on climate and fiscal risk for Brazil’s 5,569 municipalities. From the AdaptaBrasil database of the Science and Technology Ministry, researchers singled out the cities most vulnerable to landslides and floods, and measured that against the National Treasury’s Payment Capability (Capag) register, which grades the financial health of each municipality from A to E.
According to the National Treasury, cities graded C, D and E have limited capacity or complete incapacity to…
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