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Climate Change Could Take Heavy Toll On Caribbean

Climate change could significantly increase Caribbean hurricane risk and raise annual expected losses by another 1 to 3 percent of GDP for some Caribbean countries by 2030, according to a new study.

By Caroline McDonald | Updated on August 18, 2010

NU Online News Service Aug. 19, 3:42 p.m. EDT

Climate change could significantly increase Caribbean hurricane risk and raise annual expected losses by another 1 to 3 percent of GDP for some Caribbean countries by 2030, according to a new study.

Damage from wind, storm surge and inland flooding already amounts to 6 percent of GDP per year in some Caribbean countries, according to the study, released by the Caribbean Catastrophe Risk Insurance Facility (CCRIF).

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