Economic impacts of climate change and climate change adaptation strategies in Vanuatu and Timor-Leste

The fisheries sectors in Vanuatu and Timor-Leste are important sources of food and income. Similar to other developing countries and those in the Pacific, they are vulnerable to the impacts of climate change more so because of their geographic location, socioeconomic conditions and political instabi...

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Autores principales: Rosegrant, Mark W., Dey, Madan M., Valmonte-Santos, Rowena, Chen, Oai Li
Formato: Journal Article
Lenguaje:Inglés
Publicado: Elsevier 2016
Materias:
Acceso en línea:https://hdl.handle.net/10568/147512
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author Rosegrant, Mark W.
Dey, Madan M.
Valmonte-Santos, Rowena
Chen, Oai Li
author_browse Chen, Oai Li
Dey, Madan M.
Rosegrant, Mark W.
Valmonte-Santos, Rowena
author_facet Rosegrant, Mark W.
Dey, Madan M.
Valmonte-Santos, Rowena
Chen, Oai Li
author_sort Rosegrant, Mark W.
collection Repository of Agricultural Research Outputs (CGSpace)
description The fisheries sectors in Vanuatu and Timor-Leste are important sources of food and income. Similar to other developing countries and those in the Pacific, they are vulnerable to the impacts of climate change more so because of their geographic location, socioeconomic conditions and political instability. Nonetheless, there are approaches to alleviate the damaging effects of climate change in the region's fisheries sector. Using economic modeling, this paper estimates the economic costs of potential climate change adaptation strategies for the fisheries sector in Vanuatu and Timor-Leste through assessment of alternative future scenarios. Strategies include aquaculture development, natural resource management through establishment and/or expansion of marine protected areas, and deployment of low-cost inshore fish aggregating devices. Modeling results demonstrate that the above innovations will enable the two countries to significantly improve coastal and freshwater fish production in the medium-term (2035) and long-term (2050). Fish consumption is projected to grow due to population and income improvements; yet considerable increases in production will augment demand. Furthermore, national-level gains are projected from these adaptation strategies through fish exports. Improved production under climate change will require significant investments from the national governments of Vanuatu and Timor-Leste and/or private sectors.
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spelling CGSpace1475122025-02-19T14:08:11Z Economic impacts of climate change and climate change adaptation strategies in Vanuatu and Timor-Leste Rosegrant, Mark W. Dey, Madan M. Valmonte-Santos, Rowena Chen, Oai Li aggregate data natural resources management aquaculture econometric models fish climate change The fisheries sectors in Vanuatu and Timor-Leste are important sources of food and income. Similar to other developing countries and those in the Pacific, they are vulnerable to the impacts of climate change more so because of their geographic location, socioeconomic conditions and political instability. Nonetheless, there are approaches to alleviate the damaging effects of climate change in the region's fisheries sector. Using economic modeling, this paper estimates the economic costs of potential climate change adaptation strategies for the fisheries sector in Vanuatu and Timor-Leste through assessment of alternative future scenarios. Strategies include aquaculture development, natural resource management through establishment and/or expansion of marine protected areas, and deployment of low-cost inshore fish aggregating devices. Modeling results demonstrate that the above innovations will enable the two countries to significantly improve coastal and freshwater fish production in the medium-term (2035) and long-term (2050). Fish consumption is projected to grow due to population and income improvements; yet considerable increases in production will augment demand. Furthermore, national-level gains are projected from these adaptation strategies through fish exports. Improved production under climate change will require significant investments from the national governments of Vanuatu and Timor-Leste and/or private sectors. 2016-01-29 2024-06-21T09:22:58Z 2024-06-21T09:22:58Z Journal Article https://hdl.handle.net/10568/147512 en Open Access Elsevier Rosegrant, Mark W.; Dey, Madan M.; Valmonte-Santos, Rowena; and Chen, Oai Li. 2016. Economic impacts of climate change and climate change adaptation strategies in Vanuatu and Timor-Leste. Marine Policy 67(2016): 179 - 188. https://doi.org/10.1016/j.marpol.2015.12.010
spellingShingle aggregate data
natural resources management
aquaculture
econometric models
fish
climate change
Rosegrant, Mark W.
Dey, Madan M.
Valmonte-Santos, Rowena
Chen, Oai Li
Economic impacts of climate change and climate change adaptation strategies in Vanuatu and Timor-Leste
title Economic impacts of climate change and climate change adaptation strategies in Vanuatu and Timor-Leste
title_full Economic impacts of climate change and climate change adaptation strategies in Vanuatu and Timor-Leste
title_fullStr Economic impacts of climate change and climate change adaptation strategies in Vanuatu and Timor-Leste
title_full_unstemmed Economic impacts of climate change and climate change adaptation strategies in Vanuatu and Timor-Leste
title_short Economic impacts of climate change and climate change adaptation strategies in Vanuatu and Timor-Leste
title_sort economic impacts of climate change and climate change adaptation strategies in vanuatu and timor leste
topic aggregate data
natural resources management
aquaculture
econometric models
fish
climate change
url https://hdl.handle.net/10568/147512
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