The impact of climate change on the fisheries sector is a key contributor to the Philippines’ economy, it being an archipelago. According to a study, the impact of climate change on fish harvests is projected to cause a decrease by about 9 percent of its gross domestic product with the mitigation scenario, and about 18 percent of GDP with the extreme scenario up to 2060, as compared to the baseline scenario. This impact results in income reduction by as much as 0.36 percent for urban households and 0.38 percent for rural households in the economy.

Climate change to hurt PH fisheries. (2020, December 31). Manila Standard, p. A3.