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2019 Climate Change Policy Assessment that was prepared jointly by the staffs of the IMF and the World Bank. Contents I. INTRODUCTION II. PILLARS OF A DISASTER RESILIENCE STRATEGY III. PROGRESS IN BUILDING RESILIENCE TO CLIMATE CHANGE A. Pillar I: Structural Resilience B. Pillar II: Financial Resilience C. Pillar III: Post Disaster and Social Resilience D. Implications of COVID-19 for DRS IV. MACROECONOMIC AND DEBT SUSTAINABILITY IMPLICATIONS OF BUILDING RESILIENCE TO NATURAL DISASTERS A. DRS direct costs B. Macroeconomic benefits of