Economics of climate change in Latin America and the Caribbean: summary 2009
Global climate change, which is associated basically with increases in the average temperature, changes in precipitation patterns, rising sea levels, the reduction of the world's ice masses and snow deposits, and the modification of extreme weather patterns, is one of the major challenges facing humankind this century. Its impacts on economic activities, populations and ecosystems are undoubtedly significant and in many cases irreversible. The challenge of simultaneously adapting to new climatic conditions and participating in an international mitigation strategy will entail costs of such…