(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.
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.
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: dpisantiagocepal.org ; telephones: (56-2) 210-2380/2149.