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

dc.contributor.authorRosegrant, Mark W.
dc.contributor.authorDey, Madan
dc.contributor.authorValmonte-Santos, Rowena
dc.contributor.authorChen, Oai Li
dc.date.accessioned2021-03-23T18:47:24Z
dc.date.available2021-03-23T18:47:24Z
dc.date.issued2016-05
dc.description.abstractThe 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.
dc.description.departmentAgricultural Sciences
dc.formatText
dc.format.extent10 pages
dc.format.medium1 file (.pdf)
dc.identifier.citationRosegrant, M. W., Dey, M. M., Valmonte-Santos, R., & Chen, O. L. (2016). Economic impacts of climate change and climate change adaptation strategies in Vanuatu and Timor-Leste. Marine Policy, 67, pp. 179-188.
dc.identifier.doihttps://doi.org/10.1016/j.marpol.2015.12.010
dc.identifier.urihttps://hdl.handle.net/10877/13282
dc.language.isoen
dc.publisherElsevier
dc.rights.holder© 2016 The Authors. Published by Elsevier Ltd.
dc.rights.licenseThis work is licensed under a Creative Commons Attribution 4.0 International License.
dc.sourceMarine Policy, 2016, Vol. 67, pp. 179-188.
dc.subjecteconomic modeling
dc.subjectaquaculture
dc.subjectnatural resource management
dc.subjectfish aggregating devices
dc.subjectVanuatu
dc.subjectTimor-Leste
dc.subjectAgricultural Sciences
dc.titleEconomic impacts of climate change and climate change adaptation strategies in Vanuatu and Timor-Leste
dc.typeArticle

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