A Modeling Framework to Assess the Economic Impact of Climate Change in the Caribbean

ECLAC-CIAM (Climate Impact Assessment Model) is a modeling platform, which has been realized to assess the economic consequences of climate change in the Caribbean. The model can be freely accessed, downloaded and possibly modified. The available version is a full-fledged model, which can be readily used to conduct simulation exercises. This paper provides a general description of the model as well as an illustrative simulation exercise. Our results from this exercise highlight that the Caribbean is a highly vulnerable region, in which climate change is expected to generate sizable and negative economic consequences.