Climate Change Data and Risk Assessment Methodologies for the Caribbean


General Information:

Author: Inter American Development Bank (IDB) - Environmental Safeguards Unit

Year of publication: 2016

Available languages: English

Details of Assessment:

Type of assessment: Comprehensive impact and risk assessment

Format of assessment: Guideline

Estimated costs for conducting: No information

Estimated duration of assessment: No information

To be carried out by whom: Multiple actors

Details: Individuals who may need to develop disaster and climate change risk assessments for specific public or private sector investments and those who need to evaluate/review such risk assessments performed in support of environmental impact documentation

Institutional scale of use: Multiple (see details)

Details: Scale of use varies depending on the scale of the investment project analysed. Broadest scale encompasses region of the Caribbean

Assesment to be used by which target audience: Private sector representatives/SME owners

Details: Has been developed to assess risks to IDB projects, it is stated that it could be applied to a broad variety of projects

Output: Report


Coverage & Methodology:

Region of origin: North America

Developed by which sector: Development cooperation

Applied in practice: No information

Geographic coverage in analysis: Caribbean Islands

Potential geographic coverage: Worldwide

Sectors covered: Agriculture, Biodiversity, Fishery, Financial sector, Forestry, Commercial sector, Infrastructure, Water sector, Toursim sector

Method used: Mixed method approach

Description of methodology: Utilises different open source methods in combination, depending on the extent of the assessment

Risk framework used: Broad risk mapping according to different definition

Details: Basic risk assessment methodology refers to AR4 whereas detailed assessment uses insurance's risk assessment methodology

Risk components incorporated: All

Hazards and impacts considered in the assessment: All hazards

Source of required data: Primary and secondary

Details: Sources for secondary data are presented in methodology description, further data generation might be needed especially for in-depth assessment type

Temporal scale: Forward looking

Participatory elements: No

Consideration of interconnectedness and -dependencies of risks: No

Adressing uncertainty: Yes

Details: Specifically addressing influence of uncertainty in climate projections on decision making

Scope of assessment: Identification of risks, assessment of impacts, identification of adaptation options

Relevance for losses and damages:

Economic/Non-Economic losses incorporated: Economic

Details: Only risks to projects are identified

Applicability for entire risk spectrum (from extreme weather events to slow onset processes): Yes


Recommendations for Adaptation measures included in Climate Risk Assessment: Partly

Details: The Assessment identifies CRM Strategies to reduce risk

Usefulness for political purposes: Can be used for project appraisals for IDB

Applied by whom: Unclear

Open access: Yes