Economic valuation of climate induced losses to aquaculture for evaluating climate information services in Bangladesh

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cg.contributor.affiliationInternational Maize and Wheat Improvement Center
cg.contributor.affiliationWorldFish
cg.contributor.affiliationBangladesh Rural Advancement Committee
cg.contributor.affiliationColumbia University
cg.contributor.affiliationColumbia University, International Research Institute for Climate and Society
cg.contributor.affiliationBangladesh Meteorological Department
cg.contributor.donorBill & Melinda Gates Foundation
cg.contributor.donorCGIAR System Organization
cg.contributor.donorCGIAR Research Program on Climate Change, Agriculture and Food Security
cg.contributor.donorColumbia University, International Research Institute for Climate and Society
cg.contributor.donorUSAID- Climate Services for Resilient Development (CSRD) in South Asia project
cg.contributor.initiativeAquatic Foods
cg.contributor.initiativeAsian Mega-Deltas
cg.contributor.initiativeTransforming Agrifood Systems in South Asia
cg.coverage.countryBangladesh
cg.coverage.iso3166-alpha2BD
cg.coverage.regionSouthern Asia
cg.creator.identifierHossain, Peerzadi: 0000-0002-1125-284X
cg.identifier.doihttps://doi.org/10.1016/j.crm.2023.100582
cg.isijournalISI Journal
cg.issn2212-0963
cg.journalClimate Risk Management
cg.reviewStatusPeer Review
cg.subject.actionAreaResilient Agrifood Systems
cg.subject.sdgSDG 12 - Responsible consumption and production
cg.subject.sdgSDG 13 - Climate action
cg.subject.sdgSDG 14 - Life below water
cg.volume43
dc.contributor.authorIslam, Shammunul
dc.contributor.authorHossain, Peerzadi
dc.contributor.authorBraun, Melody
dc.contributor.authorAmjath-Babu, Tharayil Shereef
dc.contributor.authorMohammed, Essam Yassin
dc.contributor.authorKrupnik, Timothy
dc.contributor.authorChowdhury, Anwar Hossain
dc.contributor.authorThomas, Mitchell
dc.contributor.authorMauerman, Max
dc.date.accessioned2024-02-05T04:02:53Zen
dc.date.available2024-02-05T04:02:53Zen
dc.identifier.urihttps://hdl.handle.net/10568/138896
dc.titleEconomic valuation of climate induced losses to aquaculture for evaluating climate information services in Bangladeshen
dcterms.abstractVery little research has focused on climate impacts on aquaculture and the potential of climate information services (CIS) for aquaculture to support sustainable development goals 2030 (SDGs).1 This study represents an effort to bridge this gap by conducting a first ex-ante economic evaluation of CIS for aquaculture in Bangladesh by semi-automating the extraction of data on climate-induced fish losses during 2011 to 2021 from popular online newspaper articles and corroborating them with available government and satellite datasets. During this period, Bangladesh faced an estimated loss of around 140 million USD for hatcheries, open water fish and shrimp. When validated with a year of country-wide official data on climate-induced economic losses to aquaculture, the damage reported from these media sources is approximately 10 percent of actual losses. Given this rule of thumb, the potential economic value of aquacultural CIS could be up to USD14 million a year, if 10 percent of the damage can be offset by appropriate services through a range of multi-sector efforts to establish and extend these services to farmers at scale.en
dcterms.accessRightsOpen Access
dcterms.available2023-12-31
dcterms.bibliographicCitationShammunul Islam, Peerzadi Hossain, Melody Braun, Tharayil Shereef Amjath-Babu, Essam Yassin Mohammed, Timothy Krupnik, Anwar Hossain Chowdhury, Mitchell Thomas, Max Mauerman. (2/2/2024). Economic valuation of climate induced losses to aquaculture for evaluating climate information services in Bangladesh. Climate Risk Management, 43.en
dcterms.formatPDFen
dcterms.issued2024-02-02
dcterms.languageen
dcterms.licenseCC-BY-4.0
dcterms.publisherElsevier
dcterms.subjectaquacultureen
dcterms.subjectbangladeshen
dcterms.subjectclimate information servicesen
dcterms.subjectfishen
dcterms.subjectlossen
dcterms.subjectnewspaper scrapingen
dcterms.subjectenactsen
dcterms.typeJournal Article

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CGIAR Initiative on Aquatic Foods
CGIAR Initiative on Asian Mega-Deltas
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