Chile is amongst the Latin American nations where climate change will have the most severe impact on the country's GDP. Under a Paris Agreement warming scenario – which means limitting the temperature rise to less than 1.5ºC above pre-industrial levels – Chile would suffer about eight percent loss of its GDP per capita, whereas under an extreme warming scenario this figure would go up to 27 percent. Meanwhile, the impact of climate change in Venezuela's GDP would result in a loss ranging between 2.7 and 16.2 percent, depending on the warming scenario.
Climate change impact on the GDP per capita of selected countries in Latin America, by temperature target
* RCP 8.5 refers to the concentration of carbon that delivers global warming at an average of 8.5 watts per square meter across the planet. The RCP 8.5 pathway delivers a temperature increase of about 4.3˚C by 2100, relative to pre-industrial temperatures.
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Economic Commission for Latin America and the Caribbean. (December 1, 2022). Climate change impact on the GDP per capita of selected countries in Latin America, by temperature target [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1404429/climate-change-impact-on-gdp-per-capita-latin-american-countries/
Economic Commission for Latin America and the Caribbean. "Climate change impact on the GDP per capita of selected countries in Latin America, by temperature target." Chart. December 1, 2022. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1404429/climate-change-impact-on-gdp-per-capita-latin-american-countries/
Economic Commission for Latin America and the Caribbean. (2022). Climate change impact on the GDP per capita of selected countries in Latin America, by temperature target. Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1404429/climate-change-impact-on-gdp-per-capita-latin-american-countries/
Economic Commission for Latin America and the Caribbean. "Climate Change Impact on The Gdp per Capita of Selected Countries in Latin America, by Temperature Target." Statista, Statista Inc., 1 Dec 2022, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1404429/climate-change-impact-on-gdp-per-capita-latin-american-countries/
Economic Commission for Latin America and the Caribbean, Climate change impact on the GDP per capita of selected countries in Latin America, by temperature target Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1404429/climate-change-impact-on-gdp-per-capita-latin-american-countries/ (last visited November 13, 2024)
Climate change impact on the GDP per capita of selected countries in Latin America, by temperature target [Graph], Economic Commission for Latin America and the Caribbean, December 1, 2022. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1404429/climate-change-impact-on-gdp-per-capita-latin-american-countries/
