Climate shocks drive more people to leave their home countries, amplifying the negative impact on the region’s economies

Cross-border migration and climate shocks have been shaping the economies of the countries in Latin America and the Caribbean (LAC) for many decades. Globally, LAC is one of the regions with the largest migrant populations—measured as a share of the population of origin country. This region is also among those most susceptible to climate events including hurricanes, storms, floods, and droughts. This climate-migration nexus is especially critical for the region’s two sub-groups of smaller economies: the Caribbean and Central America, Panama, and the Dominican Republic (CAPDR).

Our analysis sheds light on different drivers of cross-border migration, the importance of climate shocks, and impact of climate-induced migration on the economies in the region.

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