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An Economic Assessment of Implementing Dominica's Nationally Determined Contributions

An Economic Assessment of Implementing Dominica's Nationally Determined Contributions

Don Charles
Copyright: © 2023 |Pages: 25
ISBN13: 9781668448298|ISBN10: 1668448297|ISBN13 Softcover: 9781668448304|EISBN13: 9781668448311
DOI: 10.4018/978-1-6684-4829-8.ch002
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MLA

Charles, Don. "An Economic Assessment of Implementing Dominica's Nationally Determined Contributions." Climate Change, World Consequences, and the Sustainable Development Goals for 2030, edited by Ana Pego, IGI Global, 2023, pp. 21-45. https://doi.org/10.4018/978-1-6684-4829-8.ch002

APA

Charles, D. (2023). An Economic Assessment of Implementing Dominica's Nationally Determined Contributions. In A. Pego (Ed.), Climate Change, World Consequences, and the Sustainable Development Goals for 2030 (pp. 21-45). IGI Global. https://doi.org/10.4018/978-1-6684-4829-8.ch002

Chicago

Charles, Don. "An Economic Assessment of Implementing Dominica's Nationally Determined Contributions." In Climate Change, World Consequences, and the Sustainable Development Goals for 2030, edited by Ana Pego, 21-45. Hershey, PA: IGI Global, 2023. https://doi.org/10.4018/978-1-6684-4829-8.ch002

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Abstract

The Government of the Commonwealth of Dominica has joined with the international community to pursue the reduction in its country's GHG emissions. Its Nationally Determined Contributions (NDCs) highlighted its intention to reduce emissions in the energy sector by 98.6%; the transport sector by 16.9%; the commercial, residential, agriculture, forestry, and fishing sector by 8.1%; and the solid waste sector by 78.6%. The achievement of the NDCs is conditional upon the country receiving timely access to international climate change financing, technology development, and capacity building support. However, climate finance is shrouded with bureaucracy and is very difficult for developing countries to access. This study assesses the economic impacts of implementing the NDCs in Dominica. It quantifies the cost of implementing the NDCs in the identified sectors, identifies the risks and critical factors to be considered in the implementation of the NDCs, and provides recommendations for the mobilization of finance to facilitate the NDCs implementation.

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