Companies are increasingly under pressure from the public and regulators to both disclose and improve environment, social, and governance (ESG) metrics. Such regulations in Europe and the United States will nudge investors toward low emissions projects. All this capital has to be put somewhere, and Latin America and other emerging markets are well positioned to become big recipients of these increased climate-focused flows.
El 28 de abril, Lisa Viscidi, directora del Programa de Energía, Cambio Climático e Industrias Extractivas, participó en un evento de la Asociación Mexicana de Empresas de Hidrocarburos sobre el papel de la industria de exploración y producción en el desarrollo local.
˙ Asociación Mexicana de Empresas de Hidrocarburos
The Amazon rainforest, one of the world’s most important ecosystems, faces environmental impacts from hydroelectric dams, oil and gas drilling sites, and mining projects. A new database and analysis by the Inter-American Dialogue reveals that state-owned enterprises, as well as small and mid-sized international companies from a handful of countries, operate the largest share of such projects in the Amazon region, meaning these companies have a substantial influence over the implementation of environmental and social safeguards.
On February 25, the Johns Hopkins University School of Advanced International Studies and the William J. Perry Center for Hemispheric Defense Studies held a webinar on security challenges in Latin America. Lisa Viscidi, director of the Energy, Climate Change & Extractive Industries Program at the Dialogue, spoke about China’s role in the region’s energy sector and the US response.
On February 9, the Latin America and Caribbean Centre at the London School of Economics and Political Science hosted an event at which Lisa Viscidi spoke about how revenue from extractive industries can be used to accelerate climate change mitigation and adaptation in Colombia and Peru.
˙ Latin America and Caribbean Centre
Covid-19 has devastated the Peruvian economy. But as the country seeks to rebuild in the virus’s wake, it has a chance to focus on fighting climate change and creating a more sustainable development model. The extractive industries central to Peru’s economy are a source of underutilized revenues that could help seize this opportunity.
The Institute of the Americas held a virtual roundtable December 3-4, 2020, on barriers and opportunities for hydrocarbon development in Argentina. Lisa Viscidi, director of the Energy, Climate Change & Extractive Industries Program at the Dialogue, was a panelist at the event. She discussed president-elect Biden’s energy plans, US-Argentine relations, and clean technology investment.
˙ Institute of the Americas
Lisa Viscidi, director of the Energy, Climate Change and Extractive Industries Program, sits down with S&P Global Platts to discuss Guyana’s newly inaugurated president and the implications for its oil future.
Lisa Viscidi, directora del programa de Energía, Cambio Climático e Industrias Extractivas analiza el comportamiento de los precios de los hidrocarburos durante la crisis del Covid-19 y el impacto que tiene en las economías de América Latina y el Caribe.
˙ Banco Interamericano de Desarrollo
The recent oil price collapse, combined with the economic contraction resulting from measures to fight the global Covid-19 pandemic, will have extensive and largely unforetold impacts for Latin American energy markets and beyond. These implications include cuts to investment and delays to ongoing projects in both oil & gas and renewable energy, fiscal and broader economic constraints, and legal disputes, said panelists during a webinar held on April 1.
Once a major OPEC producer, Venezuela has witnessed a spectacular fall in oil production over the last 20 years under Hugo Chávez and Nicolás Maduro. In 2019, U.S. sanctions hastened this decline. Will Venezuela ever reclaim its place as a top oil producer?
Lisa Viscidi and Nate Graham spoke with S&P Global Platts about the findings of a new report which argues that Western oil companies will be needed to revive Venezuela’s oil sector. They discuss the obstacles that could affect whether these firms increase production in the country under a new government, including US sanctions uncertainty, high taxes, and a shortage of workers and working infrastructure.
Lisa Viscidi, Nate Graham, Brian Scheid, Meghan Gordon
With Venezuela’s state oil company in disarray, international oil companies will be the key to tapping the country’s oil resources. The Inter-American Dialogue interviewed eight large Western oil companies about the conditions that will determine how rapidly, and to what degree, they start or ramp up operations in Venezuela following a political transition.
This event, hosted in collaboration with the Institute of the Americas, aimed to examine the issues facing Mexico’s climate for energy investment across various sectors including power, renewables, oil and natural gas.