The Economic Commission for Latin America and the Caribbean (ECLAC) is one of five regional commissions of the United Nations Economic and Social Council (ECOSOC). Established in 1948, ECLAC supports Latin American governments in economic and social development. In 1966, it established the Subregional Headquarters for the Caribbean in Port of Spain to serve Caribbean countries, making it the largest UN body in the subregion. In 1975, ECLAC created the Caribbean Development and Cooperation Committee (CDCC) as a permanent subsidiary body to promote development cooperation among Caribbean countries. The CDCC's secretariat is provided by the Subregional Headquarters for the Caribbean. In 1984, ECLAC's name was changed to ECLAC and it became the Economic Commission for Latin America and the Caribbean. The ECLAC Subregional Headquarters for the Caribbean functions as a subregional think-tank, facilitating cooperation among its members. It complements the ECLAC/CDCC work programme with directives from the UN General Assembly, including the Millennium Declaration. The secretariat conducts research, provides technical advice, organizes meetings, and helps formulate regional perspectives. Specializations include trade, statistics, social development, science and technology, and sustainable development. Operational activities include economic and development planning, demography, economic surveys, disaster impact assessments, data collection, training, and assistance with national economies. The ECLAC Subregional Headquarters for the Caribbean also functions as the secretariat for the Programme of Action for the Sustainable Development of Small Island Developing States (SIDS POA). The member countries of the Caribbean include Antigua and Barbuda, the Bahamas, Barbados, Belize, Cuba, Dominica, Dominican Republic, Grenada, Guyana, Haiti, Jamaica, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname, and Trinidad and Tobago. Associate member countries include Anguilla, Aruba, British Virgin Islands, Montserrat, Netherlands Antilles, Puerto Rico, Turks and Caicos Islands, and United States Virgin Islands. The Economics of Climate Change discusses the need for action in the face of uncertainty, economic losses from climate change, and potential economic gains. Climate change is expected to cause glacier melting, increased drought, and rising sea levels, which will impact the Caribbean. The Caribbean is expected to experience higher temperatures and lower precipitation, leading to increased food prices and poverty. Rising sea levels will flood coastal areas and increase vulnerability of coastal communities. Inequalities in water supply may deepen, leading to conflicts over water resources. Increased incidence of costly disasters may endanger the viability of insurance companies, prompting investment in risk reduction. Climate change may also impact health, with increased incidence of vector-borne diseases and malaria. Small island developing states (SIDS) are particularly vulnerable to climate change despite contributing little to greenhouse gas emissions. Climate change may also presentThe Economic Commission for Latin America and the Caribbean (ECLAC) is one of five regional commissions of the United Nations Economic and Social Council (ECOSOC). Established in 1948, ECLAC supports Latin American governments in economic and social development. In 1966, it established the Subregional Headquarters for the Caribbean in Port of Spain to serve Caribbean countries, making it the largest UN body in the subregion. In 1975, ECLAC created the Caribbean Development and Cooperation Committee (CDCC) as a permanent subsidiary body to promote development cooperation among Caribbean countries. The CDCC's secretariat is provided by the Subregional Headquarters for the Caribbean. In 1984, ECLAC's name was changed to ECLAC and it became the Economic Commission for Latin America and the Caribbean. The ECLAC Subregional Headquarters for the Caribbean functions as a subregional think-tank, facilitating cooperation among its members. It complements the ECLAC/CDCC work programme with directives from the UN General Assembly, including the Millennium Declaration. The secretariat conducts research, provides technical advice, organizes meetings, and helps formulate regional perspectives. Specializations include trade, statistics, social development, science and technology, and sustainable development. Operational activities include economic and development planning, demography, economic surveys, disaster impact assessments, data collection, training, and assistance with national economies. The ECLAC Subregional Headquarters for the Caribbean also functions as the secretariat for the Programme of Action for the Sustainable Development of Small Island Developing States (SIDS POA). The member countries of the Caribbean include Antigua and Barbuda, the Bahamas, Barbados, Belize, Cuba, Dominica, Dominican Republic, Grenada, Guyana, Haiti, Jamaica, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname, and Trinidad and Tobago. Associate member countries include Anguilla, Aruba, British Virgin Islands, Montserrat, Netherlands Antilles, Puerto Rico, Turks and Caicos Islands, and United States Virgin Islands. The Economics of Climate Change discusses the need for action in the face of uncertainty, economic losses from climate change, and potential economic gains. Climate change is expected to cause glacier melting, increased drought, and rising sea levels, which will impact the Caribbean. The Caribbean is expected to experience higher temperatures and lower precipitation, leading to increased food prices and poverty. Rising sea levels will flood coastal areas and increase vulnerability of coastal communities. Inequalities in water supply may deepen, leading to conflicts over water resources. Increased incidence of costly disasters may endanger the viability of insurance companies, prompting investment in risk reduction. Climate change may also impact health, with increased incidence of vector-borne diseases and malaria. Small island developing states (SIDS) are particularly vulnerable to climate change despite contributing little to greenhouse gas emissions. Climate change may also present