Economic valuation of climate induced losses to aquaculture for evaluating climate information services in Bangladesh
Very little research has focused on climate impacts on aquaculture and the potential of climate information services (CIS) for aquaculture to support sustainable development goals 2030 (SDGs).1 This study represents an effort to bridge this gap by conducting a first ex-ante economic evaluation of CI...
| Autores principales: | , , , , , , , , |
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| Formato: | Journal Article |
| Lenguaje: | Inglés |
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Elsevier
2024
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| Acceso en línea: | https://hdl.handle.net/10568/138896 |
| _version_ | 1855537341705224192 |
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| author | Islam, Shammunul Hossain, Peerzadi Braun, Melody Amjath-Babu, Tharayil Shereef Mohammed, Essam Yassin Krupnik, Timothy Chowdhury, Anwar Hossain Thomas, Mitchell Mauerman, Max |
| author_browse | Amjath-Babu, Tharayil Shereef Braun, Melody Chowdhury, Anwar Hossain Hossain, Peerzadi Islam, Shammunul Krupnik, Timothy Mauerman, Max Mohammed, Essam Yassin Thomas, Mitchell |
| author_facet | Islam, Shammunul Hossain, Peerzadi Braun, Melody Amjath-Babu, Tharayil Shereef Mohammed, Essam Yassin Krupnik, Timothy Chowdhury, Anwar Hossain Thomas, Mitchell Mauerman, Max |
| author_sort | Islam, Shammunul |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Very little research has focused on climate impacts on aquaculture and the potential of climate information services (CIS) for aquaculture to support sustainable development goals 2030 (SDGs).1 This study represents an effort to bridge this gap by conducting a first ex-ante economic evaluation of CIS for aquaculture in Bangladesh by semi-automating the extraction of data on climate-induced fish losses during 2011 to 2021 from popular online newspaper articles and corroborating them with available government and satellite datasets. During this period, Bangladesh faced an estimated loss of around 140 million USD for hatcheries, open water fish and shrimp. When validated with a year of country-wide official data on climate-induced economic losses to aquaculture, the damage reported from these media sources is approximately 10 percent of actual losses. Given this rule of thumb, the potential economic value of aquacultural CIS could be up to USD14 million a year, if 10 percent of the damage can be offset by appropriate services through a range of multi-sector efforts to establish and extend these services to farmers at scale. |
| format | Journal Article |
| id | CGSpace138896 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2024 |
| publishDateRange | 2024 |
| publishDateSort | 2024 |
| publisher | Elsevier |
| publisherStr | Elsevier |
| record_format | dspace |
| spelling | CGSpace1388962026-01-21T02:14:19Z Economic valuation of climate induced losses to aquaculture for evaluating climate information services in Bangladesh Islam, Shammunul Hossain, Peerzadi Braun, Melody Amjath-Babu, Tharayil Shereef Mohammed, Essam Yassin Krupnik, Timothy Chowdhury, Anwar Hossain Thomas, Mitchell Mauerman, Max aquaculture bangladesh climate information services fish loss newspaper scraping enacts Very little research has focused on climate impacts on aquaculture and the potential of climate information services (CIS) for aquaculture to support sustainable development goals 2030 (SDGs).1 This study represents an effort to bridge this gap by conducting a first ex-ante economic evaluation of CIS for aquaculture in Bangladesh by semi-automating the extraction of data on climate-induced fish losses during 2011 to 2021 from popular online newspaper articles and corroborating them with available government and satellite datasets. During this period, Bangladesh faced an estimated loss of around 140 million USD for hatcheries, open water fish and shrimp. When validated with a year of country-wide official data on climate-induced economic losses to aquaculture, the damage reported from these media sources is approximately 10 percent of actual losses. Given this rule of thumb, the potential economic value of aquacultural CIS could be up to USD14 million a year, if 10 percent of the damage can be offset by appropriate services through a range of multi-sector efforts to establish and extend these services to farmers at scale. 2024-02-02 2024-02-05T04:02:53Z 2024-02-05T04:02:53Z Journal Article https://hdl.handle.net/10568/138896 en Open Access application/pdf Elsevier Shammunul Islam, Peerzadi Hossain, Melody Braun, Tharayil Shereef Amjath-Babu, Essam Yassin Mohammed, Timothy Krupnik, Anwar Hossain Chowdhury, Mitchell Thomas, Max Mauerman. (2/2/2024). Economic valuation of climate induced losses to aquaculture for evaluating climate information services in Bangladesh. Climate Risk Management, 43. |
| spellingShingle | aquaculture bangladesh climate information services fish loss newspaper scraping enacts Islam, Shammunul Hossain, Peerzadi Braun, Melody Amjath-Babu, Tharayil Shereef Mohammed, Essam Yassin Krupnik, Timothy Chowdhury, Anwar Hossain Thomas, Mitchell Mauerman, Max Economic valuation of climate induced losses to aquaculture for evaluating climate information services in Bangladesh |
| title | Economic valuation of climate induced losses to aquaculture for evaluating climate information services in Bangladesh |
| title_full | Economic valuation of climate induced losses to aquaculture for evaluating climate information services in Bangladesh |
| title_fullStr | Economic valuation of climate induced losses to aquaculture for evaluating climate information services in Bangladesh |
| title_full_unstemmed | Economic valuation of climate induced losses to aquaculture for evaluating climate information services in Bangladesh |
| title_short | Economic valuation of climate induced losses to aquaculture for evaluating climate information services in Bangladesh |
| title_sort | economic valuation of climate induced losses to aquaculture for evaluating climate information services in bangladesh |
| topic | aquaculture bangladesh climate information services fish loss newspaper scraping enacts |
| url | https://hdl.handle.net/10568/138896 |
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