The project comprises three phases of which Phase I would be implemented over the period
September to December 2008. The major objectives of Phase I are, firstly, to establish the scope and
feasibility of carrying out a study on the costs/benefits of taking action on climate change adaptation
and cost effectiveness of mitigation in the Caribbean compared to a “business as usual” scenario, and
secondly, to support initial actions to alert policymakers and key influencing constituencies to the
urgency of this challenge.