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Annex 2: Potential Annual Economic Impacts of Climate Change in CARICOM Countries circa 2080 (in million 2007 US$)114



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Annex 2: Potential Annual Economic Impacts of Climate Change in CARICOM Countries circa 2080 (in million 2007 US$)114








Pre-
subtotal


Subtotal

Total

Total GDP loss due to climate change–related disasters (hurricanes, floods):







4,939.9




Tourist expenditure




447.0







Employment loss




58.1







Government loss due to hurricane




81.3







Flood damage




363.2







Drought damage




3.8







Wind storm damage




2,612.2




 

Death (GDP/capita) due to increased hurricanes
related disaster (wind storm, flood and slides) 




0.1

 




Floods DALY (GDP/ capita)




0.8



















Sea level rise







1,888.5




Loss of land







20.2




Loss of fish export (rising temperatures, hurricanes, and sea level)







93.8




Loss of coral reefs (rising temperatures, hurricanes, and sea level)







941.6




Hotel room replacement cost







46.1

 

Loss of tourists sea related tourism entertainment expenditure

 

 

88.2




Housing replacement







567.0

 

Electricity infrastructure loss

 

 

33.1




Telephone line infrastructure loss investment need







3.9




Water connection infrastructure loss investment







6.7




Sanitation connection infrastructure loss investment needs







9.0




Road infrastructure loss investment needs







76.1




Rail infrastructure loss investment needs







2.7
















Temperature rise













Loss of tourists expenditure







4,027.4
















General climate changes












Agricultural loss







220.5



















Water Stress: Cost of additional water supply







104.0
















Health
















Malaria DALY (GDP/capita)







0.003




Other diseases costs







7.1
















Total




Grand total

11,187.3







% of GDP

11.26%

Source: Toba (2008a).


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