Assessing Costs and Benefits of Jamaica’s 2050 Long-term Emission Reduction and Climate Resilient Strategy
This report was commissioned by 2050 Pathways Platform and Jamaica’s Ministry of Water, Environment and Climate Change to assess the costs and benefits of implementing Jamaica’s Long-Term Emission Reduction and Climate Resilient Strategy (LTS), as submitted to the United Nations Framework Convention on Climate Change (UNFCCC), and to strengthen the economic credibility and legitimacy of its long-term transition pathway. Through detailed scenario and macroeconomic analysis, the study evaluates the investment needs, socio-economic implications, and economy-wide impacts of LTS implementation. The findings indicate that, while upfront investments are required, the transition delivers clear net benefits over time — including higher GDP growth, job creation, reduced fossil fuel import dependency, and enhanced climate resilience — positioning climate action as a driver of long-term prosperity.
In addition to the full analysis and for an overview of Jamaica’s LTS process, see our accompanying blogpost co-authored with Jamaica’s Ministry of Water, Environment and Climate Change, the consulting team of Climate Lead Group, and the NDC Partnership Support Unit.
The report is included on our Knowledge Hub as an example of a useful tool to employ when working towards the operationalsiation of a country’s LT-LEDS.