30 JUNE 2011
The third Expert Group Meeting on Understanding the Potential Economic Impacts of Climate Change in Latin America and the Caribbean was held on 30 June 2011, in Port of Spain, Trinidad and Tobago. Hosted by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), the Expert Group Meeting examined country case studies of the economic costs and benefits of climate change in key sectors in four Caribbean countries and discussed how these economic assessments may guide or influence national climate change policies. The meeting included government and academic participants from Grenada, Haiti, Jamaica, Saint Lucia, Saint Vincent and the Grenadines, and Trinidad and Tobago, as well as representatives of ECLAC and the Caribbean Community (CARICOM) secretariat. This briefing note provides a brief history of the Understanding the Potential Economic Impacts of Climate Change in Latin America and the Caribbean project, together with a summary of the discussions during the third Expert Group Meeting.
A BRIEF HISTORY OF THE UNDERSTANDING THE POTENTIAL ECONOMIC IMPACTS OF CLIMATE CHANGE IN LATIN AMERICA AND THE CARIBBEAN PROJECT
With funding from the United Kingdom Department for International Development, the ECLAC Subregional Headquarters in Port of Spain, in cooperation with CARICOM and its Climate Change Centre, has, since 2008, pursued two related projects on the economics of climate change in the Caribbean. The first, known as the Review of the Economics of Climate Change in the Caribbean (RECC) project, began Phase 1 in 2008, with a scoping exercise to determine the scope and feasibility of an economic assessment of the costs and benefits of climate change actions in the Caribbean. Phase 2 began in 2010 with 26 national sectoral studies of the economic impacts of climate change, and Phase 3, which is yet to commence, is intended to broaden these studies by incorporating the multiplier effects caused by regional interdependence. Full Article >>>
Location: Cayman Islands