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Release of key findings of new study on climate change impact on Latin America and the Caribbean

The Inter-American Development Bank (IDB), The Economic Commission for Latin America and the Caribbean (ECLAC) and World Wildlife Fund (WWF) will unveil the key findings on the economic impacts of climate change in Latin America and the Caribbean on Tuesday, June 5 at the IDB headquarters in Washington, D.C.

The findings of the new study, “The Climate and Development Challenge for Latin America and the Caribbean: Options for Climate Resilient Low Carbon Development,” are being launched ahead of the upcoming Rio+20 conference, at an event jointly organized by the IDB and the Center for American Progress. Key questions addressed by the study include

  • What are the key physical impacts of climate change that will most affect the region and the likely cost to the regional economies derived from these impacts?
  • What would be key adaptation measures to climate change in the region and their associated costs?
  • How and at what cost would the region be able to reduce its emissions consistent with global climate stabilization goals?

Latin America and the Caribbean region contributes only 11 percent of the emissions that cause global warming. However, countries are especially vulnerable to its effects, given the region’s dependence on natural resources and the presence of bio-climate hotspots such as the Amazon basin and fragile mountain eco-systems.

The event will be WEBCAST at: www.livestream.com/IDBclimateresilience

WHAT:  Conference organized by the IDB and Center for American Progress to launch new report on the costs of climate change on Latin America and the Caribbean

WHEN:  Tuesday, June 5, at 11:30 a.m. – 1:00 p.m.

WHERE:  Inter-American Development Bank, 1330 New York Ave. NW, Enrique Iglesias Auditorium, Washington D.C.

WHO:

Luis Alberto Moreno, President of the Inter-American Development Bank

Richard Caperton, Director of Clean energy Investment at the Center for American Progress

Alicia Bárcena, Executive Secretary, Economic Commission for Latin America and the Caribbean (via video)

Carter Roberts, President and CEO, World Wildlife Fund

Walter Vergara, Chief, Climate Change and Sustainability Division, IDB

Andrew Steer, Special Envoy for Climate Change, World Bank

Michael MacCracken, Chief Scientist for Climate Change Programs, Climate Institute

To attend, please register with rio20@iadb.org. The event is open to the media. Members of the press need to register with Mildred Rivera, mildredr@iadb.org.

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