What happens when a weather event becomes a balance-sheet risk?
In Episode 6 of Season 4 of Caribbean Business Review, Joseph Cox speaks with Cherri-Ann Farquharson, Manager of Sustainable Development at Environmental Solutions Limited, about why El Niño is no longer simply a climate or weather story. For Caribbean businesses, it is increasingly a financial, operational and competitiveness risk.
The conversation examines how extreme heat, drought, water scarcity and changing weather patterns can affect electricity demand, agricultural production, food prices, supply chains, insurance, infrastructure and the cost of doing business.
More importantly, El Niño's economic consequences may extend well beyond a single weather season. Cherri-Ann explains why businesses increasingly need to incorporate climate intelligence into financial forecasting, budgeting, insurance, investment decisions and business continuity planning.
The discussion also explores Caribbean microclimates and the importance of localized climate data; urban heat and development; climate-smart agriculture; pressure on electricity and water systems; floating solar; and whether climate risk is becoming so fundamental to economic activity that it should be considered alongside land, labour and capital as a factor of production.
Also in this episode: the CBR Briefing examines a different constraint emerging across Caribbean economies—labour scarcity.
As unemployment falls and skilled-worker shortages intensify, Caribbean businesses are recruiting increasingly across borders. Yet citizen workers, expatriate workers and the large informal labour market operate under different institutional rules. We examine how work permits, employer sponsorship, CSME Skills Certificates, locals-first policies and national immigration systems affect wages, worker mobility, productivity and competitiveness.
The central question: Are Caribbean labour-market institutions designed for an era of labour abundance still fit for an era of structural scarcity?
And in our opening commentary, we examine the growing challenge of misinformation in the Caribbean, the responsibility of governments to respond more effectively, and the difficult balance between protecting the integrity of the public information space and safeguarding freedom of expression.
Plus, Market Watch and Global Pulse track the key economic, financial and policy developments shaping the Caribbean and global economy.
In this episode: El Niño and Caribbean business risk • climate resilience • cost of doing business • financial forecasting • energy and water security • Caribbean labour shortages • CSME labour mobility • wages and productivity • misinformation and public confidence • Market Watch and Global Pulse.
Caribbean Business Review — Come for the Analysis. Stay for the Conversation.