Climate change and Caribbean economies: implications, adaptation and risk management

Investing in adaptation initiatives that reduce the impact of climate change is absolutely essential for the future viability and sustainability of the economies of the Caribbean. Risk management and by extension the utilisation of risk management tools and mechanisms will be critical in ensuring that effective adaptation measures against climate change are made even within the context of constrained resources and budgetary pressures. The importance of comprehensively mapping and addressing the pronounced risk landscape within each individual Caribbean island as a result of climate change highlights the need for the mainstreaming of the risk management process within policy making, and the possibilities for the creation of a role for a