Towards a Credible Economic Valuation Strategy to Determine the Consequences of Climate Change in the Western Indian Ocean – summary report
The Western Indian Ocean (WIO) economies, especially the island states, are vulnerable, economically and otherwise,
to climate change impacts, such as possible sea-level rise, the change in the intensity and frequency of extreme events,
changes to the marine ecology, and various other consequences of climate change. In response to this, a coordinating
platform was developed, the Western Indian Ocean Coastal Challenge (WIOCC).
In support of the WIOCC, WWF-Madagascar has engaged Futureworks to assist in the development of a strategy to
develop a credible economic valuation process to assist in the determination of the consequences of climate change.
The strategy outputs are to be used for lobbying for local adaptation, international mitigation and for soliciting
international resources to promote local resilience.