Over the last two days, May 12-13, over 40 representatives from Caribbean and international agencies held a meeting in Barbados to discuss the initial results from a recent investigation into the Economics of Climate Adaptation (ECA) in the Caribbean.
The study, funded by the Caribbean Catastrophe Risk Insurance Facility (CCRIF) as part of its technical assistance program, was launched in February to enable the development of a fact base for developing sound climate change adaptation strategies in the region.
"Climate change is considered to be the most pervasive and truly global of all issues affecting humanity, posing a serious threat to the environment as well as to economies and societies - the impacts of which are likely to adversely affect sectors such as tourism and agriculture," said the bulletin.
The workshop, held at the Caribbean Development Bank, provided an introduction to the Economics of Climate Adaptation approach and its application in the Caribbean.
It focused on "sharing the findings of the study, examining the key insights and results for wind, sea level rise/coastal flooding, inland flooding and salinization of groundwater."
Source: Caribbean Catastrophe Risk Insurance Facility
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