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(11 March 2009) Latin America and the Caribbean is one of the most vulnerable regions in the world in terms of the effects of climate change, making the economic impact of this phenomenon an increasingly important issue.
In an effort to close the gap between the economy and the environment and learn about how the region is addressing the impact of climate change, ECLAC launched today the document Climate Change and Development in Latin America and the Caribbean. A Review.
Joseluis Samaniego, Director of the Sustainable Development and Human Settlements Division, presented the report in the context of the seminar Climate Change: The Challenges for Growth in Chile and Latin America, organized by ECLAC, Chile's National Council of Innovation for Competitiveness and the World Bank.
The book offers a preliminary analysis of the most relevant information on the issue for the region. Taking an economic perspective, climate change is linked to international trade, the negative impact on public finances and future restrictions to economic development high on carbon consumption.
According to ECLAC, the better prepared the economic teams of governments in the region are, the unexpected pressure on spending and losses in tax revenues will be lower and economic governance greater.
The document seeks to provide governments with elements that may contribute to an analysis of the relationship between climate change and development.
Economist Pablo Fajnzylber presented the book Development with Less Carbon: Latin American Responses to the Challenges of Climate Change (original title: "Low Carbon, High Growth"), published by the World Bank.
Later, Eduardo Bitrán, President of the Chilean National Council of Innovation for Competitiveness, commented the report Climate Change and the Challenges for Economic Growth in Chile, published by the Council.
For more information, contact ECLAC's Information Services. Email: dpisantiago cepal.org ; telephones: (56-2) 210-2380/2149. |
Presentation by Joseluis Samaniego, Director of ECLAC's Sustainable Development and Human Settlements Division
