Vulnerability to Climate Risk–Induced Poverty in Latin America and the Caribbean

Alejandro De la Fuente and Monserrat Serio

No 11002, Policy Research Working Paper Series from The World Bank

Abstract: This study offers the first comprehensive estimates of populations in Latin America and the Caribbean at heightened risk of poverty or deeper impoverishment due to structural factors and risks, particularly climate-related events. The populations of Peru, Colombia, and Honduras exhibit the highest levels of vulnerability to climate-induced poverty in relative terms, while those of Uruguay and Chile rank as the least vulnerable. Although structural factors and idiosyncratic risks drive most households into poverty, climate-related events exert a disproportionately severe impact on welfare when they occur. The study also maps the geographic distribution of vulnerable populations and examines the coverage of social assistance programs within these groups.

Date: 2024-12-16
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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:11002

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