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

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  • Alejandro De la Fuente
  • Serio,Monserrat

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.

Suggested Citation

  • Alejandro De la Fuente & Serio,Monserrat, 2024. "Vulnerability to Climate Risk–Induced Poverty in Latin America and the Caribbean," Policy Research Working Paper Series 11002, The World Bank.
    • Handle: RePEc:wbk:wbrwps:11002
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    References listed on IDEAS

    as
    1. Bladimir Carrillo, 2020. "Early Rainfall Shocks and Later-Life Outcomes: Evidence from Colombia," The World Bank Economic Review, World Bank, vol. 34(1), pages 179-209.
    2. Baquie,Sandra & Fuje,Habtamu Neda, 2020. "Vulnerability to Poverty Following Extreme Weather Events in Malawi," Policy Research Working Paper Series 9435, The World Bank.
    3. Aguilar, Arturo & Vicarelli, Marta, 2022. "El Niño and children: Medium-term effects of early-life weather shocks on cognitive and health outcomes," World Development, Elsevier, vol. 150(C).
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