Adaptation of coastal communities in the Philippines to the impacts climate change

Campos, Rebecca (2010) Adaptation of coastal communities in the Philippines to the impacts climate change. In: Shifting Shorelines: Adapting to the Future,The 22nd International Conference of The Coastal Society , June 13-16, 2010 ,Wilmington, North Carolina,

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Abstract

The Quedan and Rural Credit Guarantee Corporation (Quedancor) of the Philippine Department of Agriculture has the critical responsibility of providing and improving credit assistance to fishers, it also has the task of helping its beneficiaries meet the repayment obligations of their loans. One reason for defaults can be attributed to the devastating impact of natural calamities. Schemes in place are still insufficient to help safeguard lending programs and operations from non-repayment of loans due to production losses and damages to personal properties.(PDF contains 5 pages) Natural calamities include the uncertainties and vagaries of weather and climate that bring about typhoons, floods, and drought; earthquakes; volcanic eruption as well as pests and diseases that affect the productivity of fisheries. When natural calamities occur, small fishers are unable to pay their loans from Quedancor, moreover they have difficulty renewing their loan applications from Quedancor or accessing credit from other sources. Failure to access credit could disable them to continue venture on fishing activities and could eventually jeopardize the welfare of their entire household. The inability of creditors to pay their loans and meet their obligations also impair, to a large extent, the financial operation and viability of the lending institutions. Risk management schemes currently employed include price stabilization measures, targeted relief` to typhoons and drought victims, and crop insurance systems, to name a few. Some of these schemes are becoming very expensive to implement. Moreover, they fail to enable fishers regain sufficient resources so that they may continue production.

Item Type: Conference or Workshop Item
Title: Adaptation of coastal communities in the Philippines to the impacts climate change
Personal Creator/Author:
CreatorsEmail
Campos, Rebecca
Date: 2010
Funders: National Oceanographic and Atmospheric Administration, U.S. EPA Coastal Management Branch, U.S. Geolgocial Survey, NOAA Sea Grant
Event Title: Shifting Shorelines: Adapting to the Future,The 22nd International Conference of The Coastal Society
Event Type: Conference
Event Location: Wilmington, North Carolina
Event Dates: June 13-16, 2010
Issuing Agency: The Coastal Society
Uncontrolled Keywords: TCS22
Subjects: Management
Atmospheric Sciences
Fisheries
Item ID: 3892
Depositing User: Cynthia Murray
Date Deposited: 29 Jul 2010 21:50
Last Modified: 29 Sep 2011 16:47
URI: http://aquaticcommons.org/id/eprint/3892

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