Latin America: climate change economic impact 2048
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 0.6 percent in its real GDP, in a scenario where global temperatures increase by 4.1 degrees Celsius, compared to the baseline period from 1986 to 2005. In this same scenario, Colombia would face a decrease of almost one percent in its real GDP by 2048.
