Global Warming Threatens Pacific Economies, Report Says - Real Time Economics - WSJ
Damage to coral reefs prized by divers and snorkelers, rapid erosion of sandy beaches and more frequent weather events like tropical storms could shave one-third off tourism revenue in the Pacific region by the end of the century, the ADB said.Cook Islands sustained growth
The region will need US$447 million every year until 2050 to prepare for worst-case scenarios caused by climate change, the bank calculates. Most of the money would go toward planning and making preparations
But tourism is too important to the region to ignore: In Palau and the Cook Islands it accounts for more than half of GDP
 THE Cook Islands has achieved double-digit monthly growth from the Australian market for the past two years with visitor numbers up 40%, according to Cook Island Tourism officials.