Download or read book Latin American trade in the age of climate change written by Amir Lebdioui and published by Canning House - London School of Economics. This book was released on 2022-05-25 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic future of Latin America and the Caribbean is intrinsically linked to climate change. In the context of a 21st century that will be marked by climate change and the global fight against it, the status quo is unlikely to help Latin American economies leap forward economically, which calls for a major rethinking of trade and investment strategies in the region. Across the region there is growing evidence of climate change - precipitation patterns are shifting, temperatures are rising, and some areas are experiencing changes in the frequency and severity of weather extremes such as floods and droughts. By 2050, it is estimated that climate change damage could cost USD 100 billion annually to the region. The impact of climate change, which will be more devastating in Latin America than in most parts of the world, also influences the region’s ability to trade and its long-term export prospects. A Latin American Green Deal, based on regional coordination to exploit existing synergies and economies of scale, could be the way forward.