IBOV 176,402.10 ▲ 1.77% IPSA 10,989.46 ▲ 0.32% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,343,345 ▲ 1.87% COLCAP 2,312.45 ▲ 0.48% BVL PERÚ 57,575.02 — — USD/BRL5.06▼ 0.30% USD/MXN17.40▼ 0.06% USD/CLP935.37▼ 0.04% USD/COP3,202▼ 1.65% USD/PEN3.40— 0.00% USD/ARS1,479▲ 0.08% USD/UYU40.14▲ 1.07% USD/PYG6,035▲ 1.50% USD/BOB10.95▲ 3.79% USD/DOP58.34▲ 0.24% USD/CRC447.42▲ 1.35% USD/GTQ7.62▲ 2.27% USD/HNL26.74▲ 1.52% USD/NIO36.62▲ 0.72% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.36% USD/TTD6.71▲ 0.76% EUR/BRL5.77▼ 0.87% BRENT 94.14 ▲ 3.44% WTI 86.98 ▲ 2.44% IRON ORE 161.91 — — COPPER 6.50 ▼ 0.14% GOLD 4,155 ▲ 2.07% SILVER 60.68 ▲ 3.14% SOY 1,234 ▲ 1.21% CORN 484.00 ▲ 6.90% WHEAT 702.50 ▲ 3.61% COFFEE 317.60 ▼ 4.32% SUGAR 14.85 ▼ 0.20% ORANGE JUICE 146.60 ▲ 1.95% COTTON 80.43 ▲ 1.86% COCOA 5,392 ▼ 3.83% BEEF 219.73 ▼ 3.07% CATTLE 337.28 ▼ 3.51% LITHIUM 69.37 ▲ 0.42% PETR4 42.63 ▲ 2.33% VALE3 74.28 ▲ 2.82% ITUB4 42.62 ▲ 0.21% BBDC4 18.64 ▲ 0.49% ABEV3 16.07 ▲ 1.71% BBAS3 20.81 ▼ 0.34% B3SA3 15.55 ▲ 2.50% WEGE3 46.43 ▲ 9.32% PRIO3 59.66 ▲ 2.54% SUZB3 42.40 ▲ 1.85% RENT3 36.88 ▲ 0.90% AZZA3 17.52 ▲ 0.23% CSAN3 3.89 ▲ 2.91% RAIZ4 0.28 ▲ 3.70% PCAR3 2.70 ▼ 1.10% GMAT3 3.88 ▲ 1.31% PSSA3 54.65 ▲ 2.19% CVCB3 1.20 ▲ 7.14% POSI3 3.70 ▲ 0.54% SLCE3 13.87 ▲ 0.87% NATU3 8.78 ▲ 0.80% BRKM5 6.07 ▲ 6.30% RANI3 7.99 ▲ 1.27% CSNA3 5.26 ▲ 3.95% CMIN3 5.87 ▲ 5.20% USIM5 8.55 ▲ 1.06% GGBR4 23.78 ▲ 1.23% ENEV3 25.59 ▲ 0.67% CPFE3 46.58 ▲ 0.39% CMIG4 11.12 ▲ 0.91% EQTL3 38.96 ▲ 0.33% LREN3 13.49 ▲ 1.66% VIVT3 35.86 ▲ 0.17% RAIL3 13.57 ▲ 2.49% KLABIN 17.86 ▲ 1.54% RAIA DROGASIL 18.18 ▲ 0.28% RDOR3 34.08 ▲ 0.47% HAPV3 11.47 ▲ 2.05% FLRY3 16.67 ▲ 0.73% SMTO3 16.03 ▲ 2.89% UGPA3 32.36 ▲ 1.70% VBBR3 34.42 ▲ 1.38% BBSE3 42.05 ▲ 1.20% BPAC11 56.08 ▲ 1.28% CURY3 30.17 ▲ 0.73% AERI3 2.06 ▲ 0.98% VIVARA 21.25 ▼ 0.75% COMPASS 24.61 ▲ 0.70% VAMOS 3.17 ▲ 2.59% SANB11 26.71 ▼ 1.84% ASAI3 8.40 ▲ 1.82% SBSP3 28.95 ▲ 1.22% WALMEX 49.40 ▲ 0.51% GMEXICO 211.86 ▲ 1.38% FEMSA 230.05 ▲ 1.46% CEMEX 22.38 ▲ 1.40% GFNORTE 189.41 ▲ 1.94% BIMBO 60.22 ▲ 1.40% TELEVISA 9.89 ▲ 1.33% AMX 22.80 ▲ 0.18% GAP 382.48 ▲ 1.05% ASUR 272.72 ▼ 0.81% OMA 232.19 ▲ 2.62% KOF 184.24 ▲ 2.09% GRUMA 282.17 ▼ 0.15% KIMBER 38.99 ▲ 1.54% SQM-B 65,800 ▲ 1.95% COPEC 6,400 ▼ 0.78% BSANTANDER 79.40 ▲ 0.49% FALABELLA 5,930 ▲ 0.18% ENELAM 84.31 ▼ 0.26% CENCOSUD 2,025 ▼ 0.13% CMPC 1,076 ▼ 0.71% BANCO CHILE 190.02 ▲ 0.01% LATAM AIR 24.04 ▼ 0.66% YPF 81,950 ▲ 1.64% GGAL 8,180 ▲ 2.70% PAMPA 5,485 ▲ 0.18% TXAR 673.50 ▼ 0.81% ALUAR 980.00 ▲ 0.72% TGS 9,865 ▲ 1.60% CEPU 2,341 ▲ 0.04% MIRGOR 16,925 ▲ 0.89% COME 43.00 ▲ 0.30% LOMA NEGRA 3,645 ▲ 1.11% BYMA 295.00 ▲ 0.94% TELECOM ARG 4,303 ▲ 1.12% ECOPETROL 16.93 ▲ 2.39% BANCOLOMBIA 84.38 ▲ 0.88% GRUPO AVAL 5.09 — 0.00% CREDICORP 390.18 ▼ 0.24% SOUTHERN COPPER 190.61 ▲ 1.38% BUENAVENTURA 32.72 ▲ 4.70% MERCADOLIBRE 1,804 ▼ 1.03% NUBANK 14.00 ▼ 2.75% XP 17.04 ▲ 1.13% PAGSEGURO 9.48 ▼ 1.04% STONE 11.19 ▼ 0.62% GLOBANT 32.04 ▼ 0.19% TECNOGLASS 45.72 ▲ 1.26% GAP AIRPORT 218.48 ▲ 0.37% ASUR 272.72 ▼ 0.81% OMA AIRPORT 106.24 ▲ 1.93% AMX ADR 26.08 ▼ 0.04% FEMSA ADR 132.11 ▲ 1.35% CEMEX ADR 12.83 ▲ 0.98% PETROBRAS ADR 19.04 ▲ 2.67% VALE ADR 14.67 ▲ 2.91% ITAU ADR 8.42 ▲ 0.18% SANTANDER BR 5.39 ▼ 0.37% AMBEV ADR 3.16 ▲ 1.45% CSN 1.05 ▲ 5.25% GERDAU 4.72 ▲ 1.62% LATAM ADR 51.03 ▼ 1.05% BTC 65,665 ▼ 1.26% ETH 1,927 ▼ 0.05% SOL 77.65 ▼ 0.59% XRP 1.14 ▼ 0.30% BNB 570.73 ▼ 0.50% ADA 0.17 ▲ 0.61% DOGE 0.07 ▼ 0.86% AVAX 6.54 ▼ 0.33% LINK 8.64 ▼ 0.09% DOT 0.84 ▼ 0.92% LTC 46.69 ▼ 0.27% BCH 219.95 ▼ 1.68% TRX 0.33 ▼ 0.48% XLM 0.19 ▼ 1.36% HBAR 0.07 ▲ 3.31% NEAR 1.88 ▼ 2.85% ATOM 1.46 ▼ 1.49% AAVE 96.57 ▲ 1.04% SELIC 14.25% EMBRAER 84.20 ▲ 1.88% EMBRAER ADR 66.73 ▲ 1.92% JBS 12.31 ▲ 3.01% JBS BDR 62.14 ▲ 3.19% MBRF3 15.48 ▲ 2.45% MBRFY 3.00 ▲ 1.69% INTER 5.53 ▼ 0.99% EGX 53,932 ▼ 0.11% USD/ZAR16.42▼ 0.29% USD/NGN1,370▼ 0.55% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY163.07▼ 0.06% USD/CNY6.76▼ 0.08% DAX 25,173 ▲ 0.64% CAC 8,451 ▲ 1.04% FTSE 10,748 ▲ 1.53% MIB 52,829 ▲ 1.04% IBEX 19,620 ▲ 1.24% STOXX 648.02 ▲ 0.75% EUR/USD1.14▲ 0.16% GBP/USD1.34▼ 0.38% SPX 7,500 ▼ 0.13% DJI 52,317 ▲ 0.18% NDX 29,052 ▼ 0.35% RUT 2,981 ▼ 0.22% TSX 35,677 ▲ 0.87% VIX 16.95 ▼ 0.59% USD/CAD1.41▼ 0.16% US10Y 4.6500 ▲ 0.48% IBOV 176,402.10 ▲ 1.77% IPSA 10,989.46 ▲ 0.32% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,343,345 ▲ 1.87% COLCAP 2,312.45 ▲ 0.48% BVL PERÚ 57,575.02 — — USD/BRL 5.06 ▼ 0.35% USD/MXN 17.40 ▼ 0.07% USD/CLP 935.09 ▼ 0.07% USD/COP 3,199 ▼ 1.74% USD/PEN 3.40 ▲ 0.03% USD/ARS 1,479 ▲ 0.08% USD/UYU 40.14 ▲ 1.07% USD/PYG 6,035 ▲ 1.50% USD/BOB 10.95 ▲ 3.79% USD/DOP 58.34 ▲ 0.24% USD/CRC 447.42 ▲ 1.35% USD/GTQ 7.62 ▲ 2.27% USD/HNL 26.74 ▲ 1.52% USD/NIO 36.62 ▲ 0.72% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.35% USD/TTD 6.71 ▲ 0.76% EUR/BRL 5.77 ▼ 0.89% BRENT 94.14 ▲ 3.44% WTI 86.98 ▲ 2.44% IRON ORE 161.91 — — COPPER 6.50 ▼ 0.14% GOLD 4,155 ▲ 2.07% SILVER 60.68 ▲ 3.14% SOY 1,234 ▲ 1.21% CORN 484.00 ▲ 6.90% WHEAT 702.50 ▲ 3.61% COFFEE 317.60 ▼ 4.32% SUGAR 14.85 ▼ 0.20% ORANGE JUICE 146.60 ▲ 1.95% COTTON 80.43 ▲ 1.86% COCOA 5,392 ▼ 3.83% BEEF 219.73 ▼ 3.07% CATTLE 337.28 ▼ 3.51% LITHIUM 69.37 ▲ 0.42% PETR4 42.63 ▲ 2.33% VALE3 74.28 ▲ 2.82% ITUB4 42.62 ▲ 0.21% BBDC4 18.64 ▲ 0.49% ABEV3 16.07 ▲ 1.71% BBAS3 20.81 ▼ 0.34% B3SA3 15.55 ▲ 2.50% WEGE3 46.43 ▲ 9.32% PRIO3 59.66 ▲ 2.54% SUZB3 42.40 ▲ 1.85% RENT3 36.88 ▲ 0.90% AZZA3 17.52 ▲ 0.23% CSAN3 3.89 ▲ 2.91% RAIZ4 0.28 ▲ 3.70% PCAR3 2.70 ▼ 1.10% GMAT3 3.88 ▲ 1.31% PSSA3 54.65 ▲ 2.19% CVCB3 1.20 ▲ 7.14% POSI3 3.70 ▲ 0.54% SLCE3 13.87 ▲ 0.87% NATU3 8.78 ▲ 0.80% BRKM5 6.07 ▲ 6.30% RANI3 7.99 ▲ 1.27% CSNA3 5.26 ▲ 3.95% CMIN3 5.87 ▲ 5.20% USIM5 8.55 ▲ 1.06% GGBR4 23.78 ▲ 1.23% ENEV3 25.59 ▲ 0.67% CPFE3 46.58 ▲ 0.39% CMIG4 11.12 ▲ 0.91% EQTL3 38.96 ▲ 0.33% LREN3 13.49 ▲ 1.66% VIVT3 35.86 ▲ 0.17% RAIL3 13.57 ▲ 2.49% KLABIN 17.86 ▲ 1.54% RAIA DROGASIL 18.18 ▲ 0.28% RDOR3 34.08 ▲ 0.47% HAPV3 11.47 ▲ 2.05% FLRY3 16.67 ▲ 0.73% SMTO3 16.03 ▲ 2.89% UGPA3 32.36 ▲ 1.70% VBBR3 34.42 ▲ 1.38% BBSE3 42.05 ▲ 1.20% BPAC11 56.08 ▲ 1.28% CURY3 30.17 ▲ 0.73% AERI3 2.06 ▲ 0.98% VIVARA 21.25 ▼ 0.75% COMPASS 24.61 ▲ 0.70% VAMOS 3.17 ▲ 2.59% SANB11 26.71 ▼ 1.84% ASAI3 8.40 ▲ 1.82% SBSP3 28.95 ▲ 1.22% WALMEX 49.40 ▲ 0.51% GMEXICO 211.86 ▲ 1.38% FEMSA 230.05 ▲ 1.46% CEMEX 22.38 ▲ 1.40% GFNORTE 189.41 ▲ 1.94% BIMBO 60.22 ▲ 1.40% TELEVISA 9.89 ▲ 1.33% AMX 22.80 ▲ 0.18% GAP 382.48 ▲ 1.05% ASUR 272.72 ▼ 0.81% OMA 232.19 ▲ 2.62% KOF 184.24 ▲ 2.09% GRUMA 282.17 ▼ 0.15% KIMBER 38.99 ▲ 1.54% SQM-B 65,800 ▲ 1.95% COPEC 6,400 ▼ 0.78% BSANTANDER 79.40 ▲ 0.49% FALABELLA 5,930 ▲ 0.18% ENELAM 84.31 ▼ 0.26% CENCOSUD 2,025 ▼ 0.13% CMPC 1,076 ▼ 0.71% BANCO CHILE 190.02 ▲ 0.01% LATAM AIR 24.04 ▼ 0.66% YPF 81,950 ▲ 1.64% GGAL 8,180 ▲ 2.70% PAMPA 5,485 ▲ 0.18% TXAR 673.50 ▼ 0.81% ALUAR 980.00 ▲ 0.72% TGS 9,865 ▲ 1.60% CEPU 2,341 ▲ 0.04% MIRGOR 16,925 ▲ 0.89% COME 43.00 ▲ 0.30% LOMA NEGRA 3,645 ▲ 1.11% BYMA 295.00 ▲ 0.94% TELECOM ARG 4,303 ▲ 1.12% ECOPETROL 16.93 ▲ 2.39% BANCOLOMBIA 84.38 ▲ 0.88% GRUPO AVAL 5.09 — 0.00% CREDICORP 390.18 ▼ 0.24% SOUTHERN COPPER 190.61 ▲ 1.38% BUENAVENTURA 32.72 ▲ 4.70% MERCADOLIBRE 1,804 ▼ 1.03% NUBANK 14.00 ▼ 2.75% XP 17.04 ▲ 1.13% PAGSEGURO 9.48 ▼ 1.04% STONE 11.19 ▼ 0.62% GLOBANT 32.04 ▼ 0.19% TECNOGLASS 45.72 ▲ 1.26% GAP AIRPORT 218.48 ▲ 0.37% ASUR 272.72 ▼ 0.81% OMA AIRPORT 106.24 ▲ 1.93% AMX ADR 26.08 ▼ 0.04% FEMSA ADR 132.11 ▲ 1.35% CEMEX ADR 12.83 ▲ 0.98% PETROBRAS ADR 19.04 ▲ 2.67% VALE ADR 14.67 ▲ 2.91% ITAU ADR 8.42 ▲ 0.18% SANTANDER BR 5.39 ▼ 0.37% AMBEV ADR 3.16 ▲ 1.45% CSN 1.05 ▲ 5.25% GERDAU 4.72 ▲ 1.62% LATAM ADR 51.03 ▼ 1.05% BTC 65,665 ▼ 1.26% ETH 1,927 ▼ 0.05% SOL 77.65 ▼ 0.59% XRP 1.14 ▼ 0.30% BNB 570.73 ▼ 0.50% ADA 0.17 ▲ 0.61% DOGE 0.07 ▼ 0.86% AVAX 6.54 ▼ 0.33% LINK 8.64 ▼ 0.09% DOT 0.84 ▼ 0.92% LTC 46.69 ▼ 0.27% BCH 219.95 ▼ 1.68% TRX 0.33 ▼ 0.48% XLM 0.19 ▼ 1.36% HBAR 0.07 ▲ 3.31% NEAR 1.88 ▼ 2.85% ATOM 1.46 ▼ 1.49% AAVE 96.57 ▲ 1.04% SELIC 14.25% EMBRAER 84.20 ▲ 1.88% EMBRAER ADR 66.73 ▲ 1.92% JBS 12.31 ▲ 3.01% JBS BDR 62.14 ▲ 3.19% MBRF3 15.48 ▲ 2.45% MBRFY 3.00 ▲ 1.69% INTER 5.53 ▼ 0.99% EGX 53,932 ▼ 0.11% USD/ZAR 16.42 ▼ 0.21% USD/NGN 1,370 ▼ 0.45% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY 163.07 ▼ 0.04% USD/CNY 6.7608 ▲ 0.06% DAX 25,173 ▲ 0.64% CAC 8,451 ▲ 1.04% FTSE 10,748 ▲ 1.53% MIB 52,829 ▲ 1.04% IBEX 19,620 ▲ 1.24% STOXX 648.02 ▲ 0.75% EUR/USD 1.1414 ▲ 0.09% GBP/USD 1.3383 ▲ 0.03% SPX 7,500 ▼ 0.13% DJI 52,317 ▲ 0.18% NDX 29,052 ▼ 0.35% RUT 2,981 ▼ 0.22% TSX 35,677 ▲ 0.87% VIX 16.95 ▼ 0.59% USD/CAD 1.4081 ▼ 0.18% US10Y 4.6500 ▲ 0.48%
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Wednesday, July 22, 2026

Rising Climate Migration within Latin America

By · November 17, 2023 · 2 min read

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Observers highlight the growing trend of internal migration in Latin America and the Caribbean due to climate events.

This phenomenon follows disasters like 1998’s Hurricane Mitch, which devastated Central America, notably Honduras and Nicaragua, causing over 10,000 deaths.

The National Oceanic and Atmospheric Administration rated it as the second deadliest Atlantic hurricane since 1780.

From 1996 to 2010 in Brazil, over 3 million people left semi-arid areas due to climatic shocks.

The 2019 Chiquitano forest fires in Bolivia, which destroyed 7 million hectares, exemplify these sudden events.

The Inter-American Development Bank (IDB) warns that such climate-related impacts will likely continue, triggering further migration in the region.

Between 2020 and 2022, 175 disasters struck Latin America and the Caribbean, with 88% linked to weather, climate, or water-related factors.

These disasters accounted for 40% of disaster-related deaths and 71% of economic losses in the area.

Future climatic phenomena, both sudden and slow-developing, are expected to escalate due to climate change, potentially increasing displacements and migration.

This poses significant challenges for the region, as outlined in the IDB’s report ‘Rethinking Urban Migration’.

This report focuses on how migration presents opportunities for host communities in economic development.

Major cities like San José, Montevideo, and Lima have become key destinations for internal migrants.

Rising Climate Migration within Latin America. (Photo Internet reproduction)
Rising Climate Migration within Latin America. (Photo Internet reproduction)
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This influx brings challenges and opportunities, underscoring the need for tailored strategies to manage and benefit from this demographic shift.

Eric Parrado from the IDB emphasizes that integrating immigrants can unlock a dynamic workforce, boosting innovation, productivity, and community prosperity.

IDB Report

The report pinpoints promoting immigrant contributions to local productivity and alleviating housing constraints as crucial policy areas.

Migrants, often younger and less burdened by dependents than locals, rejuvenate the workforce and drive investment.

On average, migrants in the region are younger and more educated than local residents.

Their presence revitalizes the labor force and enhances human capital, spurring overall productivity growth in cities.

Urban areas are pivotal in country-wide economic development, particularly in Latin America and the Caribbean, with high urbanization rates.

The World Bank predicts a rise in climate migrants in the region by 2050, emphasizing an increase in climate migrants as a percentage of total internal migration.

The report identifies potential migration hotspots due to climatic events, such as low-lying coastal areas in Mexico and Guatemala.

Monterrey and Guadalajara in Mexico may see climate-induced migration. Regions reliant on rain-fed agriculture and grazing lands could experience population shifts.

Analysts project significant emigration from Mexico’s rural areas to the United States.

Countries like Brazil and those in Central America face potential population and economic welfare losses due to climate migration.

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