International economics reports
The contribution by the National Meteorological Service of Belize to the national economy and society
Met Office & London Economics, November 2024
This study was commissioned at the request of the National Meteorological Service of Belize who were seeking support to independently identify and quantify the impact and benefit of their service to the economy and society of Belize. It provides an indicative range of economic benefits to society. It also follows an increasing recognition by the WMO community, that this approach could provide essential evidence to governments to help secure realistic and sustainable funding to run an effective national meteorological service and help tackle the challenges of severe weather and the climate crisis.
- The National Meteorological Service of Belize’ impact in this study presented a benefit range of $3.3 to $6.8, meaning that for every $1 Belizean Dollar spent on the NMSB there is a significant return on investment.