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Latin America and the Caribbean and the European Union: striving for a renewed partnership
This report is a contribution by the Economic Commission for Latin America and the Caribbean (ECLAC) to an updated analysis of trade, investment and cooperation relations between Latin America and the Caribbean and the European Union, preparatory to the Seventh European Union-Latin America Summit to be held in Santiago, Chile, in 2012. The publication forms part of ECLAC's 2010-2012 technical cooperation programme with the Spanish Agency for International Development Cooperation (AECID). The Latin American economies have shown tremendous resilience in coping with the deep global economic…
Study on the vulnerability and resilience of Caribbean Small Island Developing States (SIDS)
Caribbean Small Island Developing States are considered to be particularly vulnerable to external shocks that stem from changes in climate and the increase in frequency and magnitude of natural disasters. Quantification of the extent of vulnerability of these islands may be measured by the use of several indices including the Economic Vulnerability Index (EcVI), the Disaster Deficit Index (DDI), the Environmental Vulnerability Index (EVI) and the Social Vulnerability Index (SVI). The capacity to build resilience may be measured by the Economic Resilience Index (ERI). Of importance in the measu…
CEPAL Review no.105
Anuario Estadístico de América Latina y el Caribe 2011 = Statistical Yearbook of Latin America and the Caribbean 2011
El Anuario estadístico de América Latina y el Caribe responde a las demandas de los usuarios que requieren información estadística confiable y rigurosa para el análisis de la situación económica, social y ambiental de la región. La estructura de la presente edición del Anuario estadístico es similar a la de 2010, ya que no se han introducido modificaciones importantes en términos de contenidos o diseño. El Anuario tiene cuatro capítulos. En el primero se presentan los indicadores demográficos y sociales, y se refleja el esfuerzo especial realizado para incluir la dimensión de género en la info…
An assessment of the economic impact of Climate Change on the Macroeconomy in the Caribbean
Between 2008 and 2011, the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) worked on a project to assess the economic impact of climate change in the Caribbean. The overall aim is to prepare the Caribbean region to better respond to climate change, while fostering a regional approach to reducing carbon emissions by 2050. This study updates the report on the impact of climate change on the macroeconomy at the regional level and will focus on 9 countries: Aruba, the Bahamas, Barbados, Curacao, the Dominican Republic, Montserrat, Jamaica, Saint Lucia and Trinidad an…
An assessment of the economic impact of climate change on the health sector In Jamaica
Climate change is a naturally occurring phenomenon in which the earth‘s climate goes through cycles of warming and cooling; these changes usually take place incrementally over millennia. Over the past century, there has been an anomalous increase in global temperature, giving rise to accelerated climate change. It is widely accepted that greenhouse gas emissions from human activities such as industries have contributed significantly to the increase in global temperatures. The existence and survival of all living organisms is predicated on the ability of the environment in which they live not o…
An assessment of the economic impact of climate change on the transportation sector in Barbados
An assessment of the economic impact of climate change on the water sector in the Turks and Caicos Islands
The best description of water resources for Grand Turk was offered by Pérez Monteagudo (2000) who suggested that rain water was insufficient to ensure a regular water supply although water catchment was being practised and water catchment possibilities had been analysed. Limestone islands, mostly flat and low lying, have few possibilities for large scale surface storage, and groundwater lenses exist in very delicate equilibrium with saline seawater, and are highly likely to collapse due to sea level rise, improper extraction, drought, tidal waves or other extreme event. A study on the impact o…
An economic assessment of the impact of climate change on the health sector in Montserrat
Climate change has the potential to impact on global, regional, and national disease burdens both directly and indirectly. Projecting and valuing these health impacts is important not only in terms of assessing the overall impact of climate change on various parts of the world, but also in terms of ensuring that national and regional decision-making institutions have access to the data necessary to guide investment decisions and future policy design. This report contributes to the research focusing on projecting and valuing the impacts of climate change in the Caribbean by projecting the clima…
An assessment of the economic impact of climate change on the tourism sector in Jamaica
Climate change is a continuous process that began centuries ago. Today the pace of change has increased with greater rapidity because of global warming induced by anthropogenically generated greenhouse gases (GHG). Failure to effectively deal with the adverse outcomes can easily disrupt plans for sustainable economic development. Because of the failure of export agriculture over the last several decades, to provide the economic stimuli needed to promote economic growth and development, Jamaica, like many other island states in the Caribbean subregion, has come to rely on tourism as an instrume…
An assessment of the economic impact of climate change on the tourism sector in Aruba
In this study, an attempt is made to assess the economic impact of climate change on Aruba. This study has three main objectives. The first is to examine the factors that influence the demand and supply of tourism in Aruba. The second is to forecast the cost of climate change to the tourism sector until 2050 under the A2 and B2 climate scenarios with the Business as Usual (BAU) as a comparator climate scenario, and the third is to estimate the cost of adaptation and mitigation strategies that can be undertaken by Aruba to address climate change in the tourism sector.…
An assessment of the economic impact of climate change on the Energy Sector in Trinidad and Tobago
The energy sector is a dominant one in Trinidad and Tobago and it plays an important role in the twin-island republic‟s economy. In 2008, the share of the energy sector in gross domestic product (GDP) amounted to approximately 48% while contributing 57% to total Government revenue. In that same year, the sector‟s share of merchandise exports was 88%, made up mainly of refined oil products including petroleum, liquefied natural gas (LNG), and natural gas liquids (Central Bank of Trinidad and Tobago, 2009). Trinidad and Tobago is the main exporter of oil in the Caribbean region and the main prod…
An assessment of the economic impact of climate change on the health sector In Guyana
Climate change is considered to be the most pervasive and truly global of all issues affecting humanity. It poses a serious threat to the environment, as well as to economies and societies. Whilst it is clear that the impacts of climate change are varied, scientists have agreed that its effects will not be evenly distributed and that developing countries and small island developing States (SIDS) will be the first and hardest hit. Small island developing States, many of whom have fewer resources to adapt socially, technologically and financially to climate change, are considered to be the most …
An assessment of the economic impact of climate change on the coastal and marine sector in the British Virgin Islands
Owing to their high vulnerability and low adaptive capacity, Caribbean islands have legitimate concerns about their future, based on observational records, experience with current patterns and consequences of climate variability, and climate model projections. Although emitting less than 1% of global greenhouse gases, islands from the region have already perceived a need to reallocate scarce resources away from economic development and poverty reduction, and towards the implementation of strategies to adapt to the growing threats posed by global warming (Nurse and Moore, 2005). The objectives …
An assessment of the economic impact of climate change on the water sector in Grenada
Changing precipitation patterns and temperature relate directly to water resources and water security. This report presents the findings of an assessment of the water sector in Grenada with respect to the projected impact of climate change. Grenada‘s water resources comprise primarily surface water, with an estimated groundwater potential to satisfy about 10%-15% of the present potable requirement. On the smaller islands Carriacou and Petite Martinique, domestic water is derived exclusively from rainwater catchments. Rainfall seasonality is marked and the available surface water during the dry…
An assessment of the economic impact of climate change on the agriculture sector in Trinidad And Tobago
The economic impact of climate change on root crop, fisheries and vegetable production for Trinidad and Tobago under the A2 and B2 scenarios were modeled, relative to a baseline ―no climate change‖ case, where the mean temperature and rainfall for a base period of 1980 – 2000 was assumed for the years up to 2050. Production functions were used, using ARMA specifications to correct for serial autocorrelation. For the A2 scenarios, rainfall is expected to fall by approximately 10% relative to the baseline case in the 2020s, but is expected to rise thereafter, until by the 2040s rainfall rises sl…
An assessment of the economic impact of climate change on the tourism sector In Barbados
An assessment of the economic impact of climate change on the tourism sector in Saint Lucia
This report provides an analysis and evaluation of the likely effects of climate change on the tourism sector in Saint Lucia. Clayton (2009) identifies three reasons why the Caribbean should be concerned about the potential effects of climate change on tourism: (a) the relatively high dependence on tourism as a source of foreign exchange and employment; (b) the intrinsic vulnerability of small islands and their infrastructure (e.g. hotels and resorts) to sea level rise and extreme climatic events (e.g. hurricanes and floods); and, (c) the high dependence of the regional tourist industry on car…