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The Economic Effects of Climate Change in Grenada

The Economic Effects of Climate Change in Grenada

November 13, 2019

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The most recent projections in climate research all anticipate a significant increase in the frequency and/or intensity of extreme weather events, as well as slow-onset climate-related changes, such as sea-level rise, less rainfall and increased sea surface temperatures.These impacts can disrupt Grenada’s economy and critical economic sectors like agriculture and tourism and damage critical infrastructure and personal property. The findings of a regional study concluded that climate change has the potential to increase the overall cost to local economies by 1 – 3% of GDP by 2030 in the Caribbean.