SEI Contact:

Ramón Bueno

Climate Change: The Costs of Inaction in the Caribbean region

SEI US have analysed the costs of business-as-usual emissions for the Caribbean region, updating and expanding on the World Bank's older analysis of the region.

The costs of three major categories of business-as-usual climate damages would entirely overwhelm many of the vulnerable island economies of the Caribbean.

Key findings include
- The costs of inaction will amount to 22 percent of gross domestic product (GDP) for the Caribbean as a whole by 2100

- The costs of inaction will reach an astonishing 75 percent or more of GDP by 2100 in Dominica, Grenada, Haiti, St. Kitts & Nevis and Turks & Caicos

- The Caribbean’s largest island, Cuba, faces a nearly 13 percent economic hit by mid-century, and a 27 percent loss by 2100, unless there is swift action to address climate change

- Losses from inaction would be less severe but still significant in Puerto Rico, reaching nearly 3 percent by 2050 and 6 percent by the end of the century

- The nation of Colombia, with its long Caribbean coastline, faces permanent flooding of 1,900 square miles in low-lying coastal areas, affecting 1.4 million people

Download the project report (pdf)

English version:
Executive Summary
Full report Low Resolution

Versión en español:
Resumen Ejecutivo
Informe completo Resolución Baja

SEI contacts: Rámon Bueno, Cornelia Herzfeld, Elisabeth A. Stanton, Frank Ackerman

Funder: Environmental Defense Fund