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Global Warming May Cost Brazil Up to US$ 2 Trillion a Year in 40 Years

November 30th, 2009

Amazon canopyBrazil will lose between US$ 417 billion (in an optimist scenario) and US$ 2 trillion of its Gross Domestic Product (GDP) per year by 2050 thanks to global warming. This means, in the worst scenario, the GDP might be reduced in 2.3% by the middle of the century.

This is one of the scary conclusions of a report just released by several Brazilian universities and the main specialists in climate and agriculture of the country. They worked for two years in a document that evaluates the possible impacts of the raising temperatures and climate instability. “It is like wasting a whole year of growth during the next 40 years”, says the study.

Among their main conclusions:

The study stresses that the poorest regions of the country should be the most affected. It also lists a series of measures that could minimize those risks. Among them, incentives to alternative energies and carbon markets; investments in genetically improved plants, adapted to the growing droughts, and in improved irrigation techniques; and coastal management.

Besides the dark conclusions, the study is surprising because of the quality of the organizations involved. From Universidade de São Paulo and Universidade Estadual de Campinas (Unicamp) to the World Bank and a few non-profits, such as the brilliant Instituto de Pesquisa Ambiental da Amazônia (Inpa).

It is the final proof that climate change and the environmental matters really are attracting the attention they deserve.

Brazilian born, French citizen, married to an American, Regina Scharf is the ultimate globetrotter. She graduated in Biology and Journalism from USP (Universidade de São Paulo) and has worked for Folha de S. Paulo, Gazeta Mercantil and Veja magazine as well as Radio France Internationale. Since 2004 she has lived in Santa Fe, New Mexico, in the US. She authored or co-authored several books in Portuguese on environmental issues and was honored by the 2002 Reuters-IUCN Press award for Latin America and by the 2004 Prêmio Ethos. You can read more by her at Deep Brazil.

Written by Regina Scharf

http://www.brazzilmag.com


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