The Dominican Republic has made significant progress in boosting economic growth and reducing poverty, but it still faces challenges to achieve inclusive and equitable development, increase productivity, and improve the competitiveness and sustainability of primary sectors like agriculture, water, tourism, and energy. The National Development Strategy (NDS) and the National Multi-Year Public Sector Plan (NPSP) aim to address development and climate challenges and promote a green, inclusive and resilient future. The DR is highly vulnerable to climate change, which is likely to compound existing development challenges. By 2050, climate change impacts are expected to decrease labor productivity and affect health, crop yields, tourism, infrastructure capital, and natural ecosystems such as forests and coastal areas. Climate change also poses risks to the financial system such as the banking sector's heightened credit exposure to tropical cyclones and droughts. Although the DR has a small carbon footprint, the country's GHG emissions have been rising, mainly in the energy, waste, and agricultural sectors. Fostering a low-carbon growth path can support the country's climate change goals while bringing important development co-benefits. The Dominican Republic CCDR employs a version of the MANAGE model. This CCDR further extends the model to incorporate the path of emissions from key sectors (transport, energy, AFOLU), and to incorporate DR-specific climate damage functions to introduce the impact of climate change on the economy.
Authors
- Disclosure Date
- 2023/11/30
- Disclosure Status
- Disclosed
- Doc Name
- Dominican Republic - Country Climate Development Report : Annex 4 - Transport Deep Dive
- Product Line
- Advisory Services & Analytics
- Published in
- United States of America
- Rel Proj ID
- DO-Dominican Republic Country Climate And Development Report -- P179355
- Sector
- Other Public Administration
- TF No/Name
- TF0C0853-Macroeconomic Analysis to Inform Long-Term Climate Planning in the DR
- Theme
- Inclusive Growth,Mitigation,Job Creation,Human Development and Gender,Economic Policy,Food Security,Green Growth,Social Protection,Social Development and Protection,Economic Growth and Planning,Environment and Natural Resource Management,Private Sector Development,Biodiversity,Environmental policies and institutions,Climate change,Jobs,Adaptation,Renewable Natural Resources Asset Management,Nutrition and Food Security,Social Safety Nets
- Unit Owning
- LAC ENR PM (SLCEN)
- Version Type
- Final
- Volume No
- 1