The Perils of Climate Change in Brazil

January 25, 2011 • Climate Change & Mitigation, Brazil, Daily Email Recap

At a time when economic growth remains elusive for the United States and many other major world economies, Brazil is attracting attention from the global business community because of its strong growth prospects. The Brazilian economy, the largest in Latin America, is expected to grow by 5% in 2010, according to the country’s central bank. That is almost twice the rate expected in the United States — estimated at 2.6% for 2010 and 2011 by the Organization for Economic Cooperation and Development (OECD). One of the issues companies will need to consider before making any major investments in Brazil, however, is the impact of climate change on future operations.

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