An assessment of the economic impact of climate change on the Agriculture Sector in Guyana

Climate change is anticipated to have potentially disastrous impacts on the economic viability of the agricultural sector, insomuch as traditional agricultural practices render the agricultural sector climate-dependent. Increased temperatures and increased intensity, timing and occurrence of hydro events are expected to challenge plant and animal viability. Under such circumstances, vector control is expected to become more difficult, which may further prejudice the prosperity of plant, livestock and fisheries growth. The impact is expected to be on the quality of agricultural produce and thereby, indirectly, on human health outcomes. The key threat mechanisms are debilitated plant vitality and increased propagation of pests, as drought periods increase the breeding of vectors through water pooling and soil erosion associated with the increased intensity of hydro events. In addition, climate change is likely to affect crop productivity in specific geographical areas through its impact on growing seasons and crop patterns, to the extent that crop varieties cannot adapt.

The economics of climate change

This paper focuses on several key economic issues relevant to climate change. Given the fact that changes in climate are projections using the best available data, it examines the economic principles of uncertainty and the precautionary approach, and then continues to address the key drivers of climate change. Climate change is expected to result in negative impacts and, in this regard, the consequences of anticipated rising temperatures and sea levels as well as changes in precipitation that may result in flooding and/or drought are addressed. However, the situation is not all negative and, as such, the opportunities that are likely to arise through adaptation and mitigation are discussed especially with respect to the Caribbean. In this regard and recognizing that it would be useful to Caribbean policymakers to utilize these opportunities and to address the negative impacts, the Economic Commission for Latin America and the Caribbean (ECLAC), through its subregional headquarters for the Caribbean, is spearheading a review of the economics of climate change in the Caribbean with a view to providing quantitative information to stakeholders in dealing with climate change. The paper makes recommendations for the Caribbean to address climate change at the national level. These include macroplanning; promotion of energy efficiency; creation of incentives to obtain support for implementation of alternative energy technologies; maintaining the will among stakeholders on a sustained basis for addressing climate change; and the conduct of relevant research into varieties of plants and animals that could adapt to changing climatic conditions. Finally, it must be recognized that to successfully combat climate change, the threats and opportunities must be properly assessed as part of an ongoing region-wide system of risk management, which should not be incidental, but integral, to national and regional planning and forecasting for the future.

Working paper on the eLAC 2018 Digital Agenda in consideration of Caribbean priorities for technology-supported development

eLAC 2018 will coordinate the implementation of programmes to support the use of information and communications technologies (ICTs) in achieving social and economic development goals for Latin America in the Caribbean during the 2015-2018 timeframe. The conceptual framework for this programme of work is described by the eLAC 2018 Digital Agenda, which is anticipated to be ratified by the fifth Ministerial Conference on the Information Society in Latin America and the Caribbean, to be held in August 2015 in Mexico City. There is a need for broader input from Caribbean countries to the eLAC 2018 Digital Agenda. Accordingly, this working paper reviews the document’s current draft, considering each of its objectives in the context of Caribbean development needs. Amendments are recommended to 12 of the objectives. Two additional objectives are also proposed, in the areas of regional coordination on universal service funds, and the establishment of a spatial data infrastructure to support the use of geographic information systems. Representatives of Caribbean countries are invited to use the contents of this document as an input to the development of their own proposed amendments for inclusion in the final version of the eLAC 2018 Digital Agenda.