The fires in the Amazon expose the very heart of the greatest collective action problem that humanity has faced, and it foreshadows harder battles to come. The actions of each individual country have consequences for the global climate, yet perpetrators are loath to make sacrifices when others, especially those with equal or greater responsibility, are not doing the same. The fact that threats of economic punishment seem to have shifted Brazil’s behavior suggests that a similar approach could be taken to address climate change on a larger scale. But it will not be easy, especially where the biggest emitters are concerned.
Countries in the Amazon Basin are falling behind on their targets to cut deforestation. Environmental enforcement combined with economic incentives could provide a way forward, write Lisa Viscidi and Enrique Ortiz in this op-ed.
On April 16, the Inter-American Dialogue had the honor of hosting President Lenín Moreno of Ecuador during his visit to the United States. President Moreno provided insight into the steps his government is taking to resolve the countries fiscal deficit and his administration’s work with multilateral institutions, among other topics.
Peace in Colombia promises to bring many environmental benefits to the country but also poses environmental risks associated with the rural development plans contemplated in the post-conflict agenda.
Colombia should integrate environmental considerations into its rural economic development plans to avoid an increase in deforestation associated with the post-conflict transition.
The collapse in global oil prices has led to a steep decline in investment in Colombia’s hydrocarbons sector and reduced the value of its oil exports, depleting a key source of government revenue.