A Climate Economy Policy Model for Barbados

This research paper presents a policy-oriented simulation model designed to help Small Island Developing States (SIDS), specifically Barbados, plan for climate impacts and uncertain external drivers using a robust decision making (RDM) philosophy.

• The authors developed a simulation model based on a robust decision making (RDM) philosophy to identify policies that produce positive outcomes across various external changes, intended for use in policy analysis for Small Island Developing States.
• Economic trajectories and external debt for SIDS are driven by normal variations in tourism and export demand, but climate change exacerbates this by increasing storm damage, which leads to a loss of productive capital and a higher need for imports to rebuild, further increasing external debt.

APA

Stockholm Environment Institute (2020). A Climate Economy Policy Model for Barbados. https://www.sei.org/publications/a-climate-economy-policy-model-for-barbados/

Chicago

Stockholm Environment Institute. A Climate Economy Policy Model for Barbados. 2020. https://www.sei.org/publications/a-climate-economy-policy-model-for-barbados/.

Wikipedia

{{cite report |author=Stockholm Environment Institute |title=A Climate Economy Policy Model for Barbados |date=25 February 2020 |url=https://www.sei.org/publications/a-climate-economy-policy-model-for-barbados/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{stockholmenvironmentinstitute2020climate, author = {{Stockholm Environment Institute}}, title = {{A Climate Economy Policy Model for Barbados}}, institution = {Stockholm Environment Institute}, year = {2020}, month = feb, url = {https://www.sei.org/publications/a-climate-economy-policy-model-for-barbados/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }