An assessment of the economic impact of climate change on the tourism sector in the Bahamas

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cepal.bibLevelDocumento Completo
cepal.callNumberLC/CAR/L.315
cepal.docTypeDocumentos de Organos Subsidiarios
cepal.docTypeDocumentos de proyectos e investigación
cepal.jobNumberLCCARL315_en
cepal.physicalDescriptiontablas
cepal.regionalOfficePuerto España
cepal.topicEngCLIMATE CHANGE
cepal.topicSpaCAMBIO CLIMÁTICO
cepal.workareaEngSUSTAINABLE DEVELOPMENT AND HUMAN SETTLEMENTS
cepal.workareaSpaDESARROLLO SOSTENIBLE Y ASENTAMIENTOS HUMANOS
dc.contributor.entityNU. CEPAL. Sede Subregional para el Caribe
dc.coverage.spatialEngBAHAMAS
dc.coverage.spatialSpaBAHAMAS
dc.date.accessioned2015-07-14T13:26:29Z
dc.date.available2015-07-14T13:26:29Z
dc.date.issued2011-10-22
dc.description.abstractThe Bahamas is at great risk and vulnerability given its geographical features as a low-lying, sea encircled country. If projected sea level rise is reached by 2050, between 10-12% of territory will be lost, especially in coastal zones where the main tourism assets are located. Vulnerability could also be manifested if flight carbon emission taxes are established in the main source markets, representing an economic threat to the tourism sector for the islands. The impact of climate change on main tourism demand variables will cause some losses to the country‟s income and government revenues. This would be acting conjointly with some local threats to tourism assets and trends in future global tourism demand. The second and no less important threat is tropical cyclones, which may be associated with raising sea level. Estimations posited the amount of losses in excess of 2400 million US$ for the four decades under examination. It is to be pointed out that there is still a lack of comparatively accurate data collection and analysis on this subject, a point deserving more attention in order to deepen the understanding of, and to extract better lessons from these extreme events. In the same period, total estimated impacts of progressive climate change are between 17 and 19 billions of B$ with estimated discount rates applied. The Bahamas is a Small Island Developing State with low growth on GHG emissions (second in Latin America), as well as a relative short capacity to lower emissions in the future. The country has a relative delay in the application of renewable energy systems, a solution that, provided documented studies on-site, might turn out to be fundamental in the country‟s efforts to establish mitigation related policies. The Bahamas currently has institutions and organizations that deal with climate change-related issues and an important number of measures and courses of action have been set up by the government. Nevertheless, more coordination among them is needed and should include international institutions. This coordination is essential even for the first steps, i.e. to conduct studies with a bottom-up approach in order to draw more accurate programs on adaptation and mitigation. It is fundamental for tourism to keep track of potential losses in tourist attractions (and to act accordingly), related to correspondent losses in biodiversity, water resources and coastal erosion. Also, actions to fight climate change impacts might improve the islands security standards, quality of living and protect cultural and heritage assets. These elements may definitely shape the future of the country‟s competitiveness as a tourism destination. It is possible and necessary to decide about the options with good cost-benefit ratio and reasonable payback periods, notwithstanding that cost-benefit analysis requires more refined and accurate data to provide precise and locally adapted options.
dc.description.tableOfContents.-- I. Introduction.-- II. Climate change and tourism.-- III. Analyzing climate change in the Bahamas tourism sector.-- IV. Discussion of modeling results.-- V. Adaptation and mitigation options.-- VI. Conclusions.
dc.formatTexto
dc.format.extent83 páginas.
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/CAR/L.315
dc.identifier.urihttps://hdl.handle.net/11362/38601
dc.language.isoeng
dc.physicalDescription83 p. : tables, figures.
dc.publisherECLAC, Subregional Headquarters for the Caribbean
dc.publisher.placePort-of-Spain
dc.rights.coarDisponible
dc.subject.unbisEngSUSTAINABLE DEVELOPMENT
dc.subject.unbisEngCLIMATE CHANGE
dc.subject.unbisEngTOURISM
dc.subject.unbisEngTEMPERATURE
dc.subject.unbisEngCOST-BENEFIT ANALYSIS
dc.subject.unbisEngENVIRONMENTAL POLICY
dc.subject.unbisEngECONOMIC ASPECTS
dc.subject.unbisEngENERGY POLICY
dc.subject.unbisSpaDESARROLLO SOSTENIBLE
dc.subject.unbisSpaCAMBIO CLIMATICO
dc.subject.unbisSpaTURISMO
dc.subject.unbisSpaTEMPERATURA
dc.subject.unbisSpaANALISIS COSTO-BENEFICIO
dc.subject.unbisSpaPOLITICA AMBIENTAL
dc.subject.unbisSpaASPECTOS ECONOMICOS
dc.subject.unbisSpaPOLITICA ENERGETICA
dc.titleAn assessment of the economic impact of climate change on the tourism sector in the Bahamas
dc.type.coarcontribución a congreso
dc.type.coarlibro
dspace.entity.typePublication
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