This report will highlight the unique economic impacts facing First Nations due to climate changes. The first report, “An Introduction to the Science of Climate Change and How It Impacts First Nations” and the second report “How Climate Change Uniquely Impacts the Physical, Social and Cultural Aspects of First Nations” in this series discuss the effects of climate change on physical and biological processes, the health of ecosystems, and the well- being of First Nations. First Nations and non-First Nation peoples in Canada will be exposed to many of the same risks, although it is likely that First Nations will face unique challenges as a result of the location of their communities, reliance on the environment, and current limited adaptation capabilities.
This report will examine the unique economic impacts of climate change on First Nations subsistence and income-generating economies. It will also discuss the economic realities in First Nations and how they relate to the ability or inability of a community to respond to climate changes.