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Working paper
Climate Change and Consumption Patterns in Latin America: The Urgency of a Structural Transformation
(2024-02)
• Climate change obstructs Latin America's development, affecting the economy, society, and the environment. A substantial investment is needed for the 2050-2070 deep decarbonization process.
• Latin America's unsustainable development in the last five decades has boosted consumption, employment, and poverty reduction but falls short in addressing chronic poverty and high-income concentration. This undermines economic dynamics and exposes society to climate change impacts.
• A just climate transition requires changes ...