Blogging on the new "Caring Economics" that takes into account the full spectrum of economic activities–from the life–sustaining activities of the household, to the life-enriching activities of caregivers and communities, to the life-supporting processes of nature.
Sanchez, Petite Martinique. Climate-Proofing the tiny island of Petite Martinique includes a sea revetment 140 metres long to protect critical coastal infrastructure from erosion. (Photo: TECLA FONTENAD/IPS)
The world is still celebrating the Paris Agreement on Climate Change, the main outcome of the 21st Conference of the Parties of the United Nations Framework Convention on Climate Change. Its ambitions are unprecedented: not only has the world committed to limit the increase of temperature to “well below 2°C above pre-industrial levels,” it has also agreed to pursue efforts to “limit the temperature increase to 1.5 °C.”
This achievement should be celebrated, especially by Small Island Development States (SIDS), a 41-nation group—nearly half of them in the Caribbean—that has been advocating for increased ambition on climate change for nearly a quarter century.
SIDS are even more vulnerable to climate change impacts —and risk losing more. Global warming has very high associated damages…