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Climate Risk

Jean Marc Racine and Marco Alcaraz Project Managers . Climate Risk. Climate Risk: Key Challenges. Loss of lives and Property Set-backs in National Economy: loss of capital, loss of income Diversion/delays in Public and Private Sector Investments

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Climate Risk

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  1. Jean Marc Racine and Marco Alcaraz Project Managers Climate Risk

  2. Climate Risk: Key Challenges • Loss of lives and Property • Set-backs in National Economy: loss of capital, loss of income • Diversion/delays in Public and Private Sector Investments • Fiscal difficulties (loss of revenues, increased borrowing) • All of the above will be affected and/or aggravated by Climate Change.

  3. Addressing the Challenges • Preparedness/Response • Risk Management • Vulnerability Identification & Analysis • Risk/Vulnerability Reduction • Risk Transfer • Public Education, Awareness • Adaptation: Living with Risk

  4. OAS/USDE Responses • Focus on Vulnerability and Risk Reduction as part of Development planning and Investment • Since 1992: Caribbean Disaster Mitigation Programme (USAID funded); • CDMP (1993-99); • Post Georges (2000); • Post Lenny (2001).

  5. OAS/USDE Responses • Support to Disaster Mitigation Facility at the CDB • Collaboration with CDERA in Caribbean Hazard Mitigation Capacity Building Program (CHAMP) • Collaboration with CARICOM in Climate Change Adaptation : CPACC (1997-2002); MACC (2003-2007); St Vincent & the Grenadines Enabling Activity (2004).

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