
Climate change models show the situation will only get worse as temperatures rise, taking a real toll on budgets across Latin America. Development banks and ratings agencies alike have urged the region to brace itself for severe weather and the resulting heavy repair costs. "This is our new life with climate change," said Gabino Cue, the incoming governor of Mexico's southern state of Oaxaca, which bore the brunt of heavy rains this season.
Oaxaca, one of Mexico's poorest states, could face a $163-million (2-billion-peso) tab to repair roads, bridges and other public works damaged by extreme weather this year. "The government has to redraw the risk map with this phenomenon," Cue said. …
A scene from the 2007 floods in Tabasco, shot by Huitzil, Wikimedia Commons, under the Creative Commons Attribution 2.0 Generic license
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