Soldiers from Nicaragua and the U.S. Navy prepare disaster relief supplies for hurricane victims. Nicaragua is among the most vulnerable to natural disasters and climate change, but making the country more resilient and adaptive is not a priority for USAID. Photo by: U.S. Navy

Nicaragua is the second-poorest country in the Western Hemisphere, next only to Haiti. Poverty has declined gradually over the past decade, but the poverty rate is still alarmingly high. The rate of inflation has climbed up as well, causing the economy to slow down.

The Central American country is highly vulnerable to natural disasters and climate change as well, ranking fourth in the Climate Risk Index for 1998-2011. In recent years, the country has experienced heavy rains followed by severe drought. But with a population unprepared for such disasters in a country with limited climate change adaptation capabilities, such weather-related events have contributed to economic losses.

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About the author

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Aimee Rae Ocampo

In her role as editor for business insight, Aimee creates and manages multimedia content and cutting-edge analysis for executives in international development. As the manager of Development Insider, Devex's flagship publication for executive members, she is constantly on the lookout for the latest news, trends and policies that influence the business of development.

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