RiskEvents
ClosedLow impactAI Generated

Orange-Alert Drought (1,064,960 km²) – Argentina, Bolivia, Brazil, Peru, Paraguay – Sep 2022–ongoing (GDACS DR 1016449)

Occurred 30 Sept 2022·Detected 11 May 2026·
🇦🇷 South America – Argentina, Bolivia, Brazil, Peru, and Paraguay; approximate geographic centre of the bounding box (-69 to -44 longitude, -28 to -2 latitude)1 reportEnded 25 May 2026
Natural CatastrophePropertyMarine CargoEnergyCasualty & LiabilityReinsurance

GDACS issued an orange (medium agricultural impact) alert for an ongoing drought designated 'South America-2023' affecting approximately 1,064,960 km² across Argentina, Bolivia, Brazil, Peru, and Paraguay. The drought began at the end of September 2022 and had lasted approximately 1,288 days as of 10 April 2026. Drought indicators suggest anomalies typical of severe to extreme events. The event carries a Glide number of DR-2023-000204-BRA.

AI-generated from linked source reports. See our correction policy.

Impact verdict

Low impact. LOW: Historical recalibration. The event may be locally severe or geopolitically notable, but the available reporting does not evidence a concrete London Market loss pathway such as named insured asset damage, vessel/cargo loss, port/airspace/waterway closure, energy/facility outage, claims/loss estimate, reinsurance impact, sanctions asset action, or pricing/capacity response.

View assessment methodology

How we grade what we know -- Known · Reported · Uncertain. Methodology →

Intelligence ledger

Each line expands in place to its underlying sourced claim.

Known8 lines

GDACS ID: DR 1016449, designated 'South America-2023'▾
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Glide number: DR-2023-000204-BRA▾
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Countries affected: Argentina, Bolivia, Brazil, Peru, Paraguay▾
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Start date: end of September 2022▾
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Duration: 1,288 days as of 10 April 2026▾
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Affected area: 1,064,960 km²▾
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GDACS alert level: Orange (medium impact for agricultural drought)▾
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Drought indicators suggest anomalies typical of severe to extreme events▾
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Reported2 lines

Associated media headlines link the drought context to increased hantavirus cases in Argentina▾
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EC/ECHO daily maps document associated forest fires across the region (Dec 2024, Feb 2024)▾
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Uncertain2 lines

Precise sub-national boundaries of the drought-affected area are not specified beyond the bounding box▾
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Current status and whether the drought has intensified or weakened since the last analytical report (December 2024)▾
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Affected countries

🇦🇷 Argentina🇧🇴 Bolivia🇧🇷 Brazil🇵🇪 Peru🇵🇾 Paraguay

Timeline

Status Change28 May 2026, 21:22

Lifecycle changed

monitoring → closed

Closure28 May 2026, 21:22

Event Closed

auto_closed_monitoring_timeout

De-escalation25 May 2026, 16:52

Impact changed

medium → low

Status Change11 May 2026, 06:30

Status changed to monitoring

Auto-transitioned: no updates for 6 hours

Status Change11 May 2026, 00:30

Status changed to active

Auto-promoted: authoritative source detected

Initial Detection11 May 2026, 00:30

Initial Detection

GDACS issued an orange (medium agricultural impact) alert for an ongoing drought designated 'South America-2023' affecting approximately 1,064,960 km² across Argentina, Bolivia, Brazil, Peru, and Paraguay. The drought began at the end of September 2022 and had lasted approximately 1,288 days as of 10 April 2026. Drought indicators suggest anomalies typical of severe to extreme events. The event carries a Glide number of DR-2023-000204-BRA.

Overall Orange Drought for South America-2023 in Argentina, Bolivia, Brazil, Peru, Paraguay. The drought has lasted for 43 months. Drought indicators suggest anomalies typical of severe to extreme events. Impact: Medium impact for agricultural drought in 1064960 km2. Start Date: End of Sep 2022.

Source: GDACS Alerts (Official Advisory) · View source

Lloyd's classifications

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