The Economics of Climate Change in the Pacific

Asian Development Bank (adb)

No RPT136119-2, ADB Reports from Asian Development Bank (ADB)

Abstract: The Pacific developing member countries of the Asian Development Bank are highly vulnerable to the predicted effects of climate change, including higher sea levels, intense storm surges and cyclones, erratic rainfall patterns, and major temperature fluctuations. This study identifies the effects and quantifies the costs of these adverse outcomes to the Pacific island economies, with details provided for selected key sectors including agriculture, fisheries, tourism, coral reefs, and human health. It then presents policy recommendations and action steps for the countries to minimize or mitigate these impacts, particularly by mainstreaming climate change in their development plans, adopting forward-looking and risk-based approaches to climate change, and climate-proofing both their programs and infrastructure so that poverty eradication and sustainable development efforts can continue regardless of the vagaries of climate.

Keywords: fiji; papua new guinea; samoa; solomon islands; east timor; vanuatu; climate change; coral reefs; cyclone; economic impact; economics of climate change; el niño; emissions scenarios; extreme weather events; natural disasters; pacific region; rising sea-levels (search for similar items in EconPapers)
Pages: 100 pages
Date: 2013-11, Revised 2013-12-26
New Economics Papers: this item is included in nep-agr and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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