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Deviation of real GDP from baseline due to climate change in selected countries in Latin America by Q4 2048

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Source

Release date

July 2019

Region

Latin America and the Caribbean

Survey time period

2019

Special properties

In case of a temperature rise of 4.1ºC compared to the baseline period*

Supplementary notes

* The hypothetical scenario was defined by the source as follows:
RCP 8.5. Radiative forcing value in the year 2100 is 8.5 W/m2. CO2-equivalent atmospheric concentration reaches 936 parts per million. Mean global temperature increases by 4.1°C over the base period.
Other types of scenarios were excluded from this statistic.
Base period: 1986 to 2005

Citation formats

Latin America: climate change economic impact 2048

Published by ÌÇÐÄÆƽâ°æ Research Department, Nov 15, 2019
According to a study, the global economy is expected to face a negative deviation in GDP growth due to climate change by the year 2048. The largest economies in Latin America are no exception: Mexico, for instance, is projected to experience a decrease of almost *** percent in its real GDP, in a scenario where global temperatures increase by *** degrees Celsius, compared to the baseline period from 1986 to 2005. In this same scenario, Colombia would face a decrease of almost *** percent in its real GDP by 2048.
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