A Bold Plan to Finance Latin America’s Energy Transition
The region's private sector needs to step up, but governments can make it easier.
Latin America is vulnerable to climate change in more ways than one. Many countries in the region are susceptible to extreme weather events. But big changes underway in the world economy should worry governments, too. That's because the measures the world adopts to accelerate the transition away from fossil fuels will inevitably affect the market for carbon-intensive commodities on which the region so heavily depends. Export volumes and prices related to fossil fuels are likely to decline in the medium and long term, according to the IEA and others. How will the region prepare financially...
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