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This study is intended to place the analysis of the implications of climate change for Latin America and the Caribbean within the context of the effort to put the region on a sustainable development path. It is divided into six sections: (i) introduction; (ii) available evidence regarding global warming and estimates of the potential impacts on the region; (iii) adaptation measures and their potential costs: (iv) global and regional greenhouse gas emissions; (v) the importance of moving towards a more balanced public/private matrix in order to improve quality of life and combat climate change, looking in particular at trends in consumption patterns with a focus on transportation needs; and (vi) the conclusions.