The New Banks in Town: Chinese Finance in Latin America
Estimates of the volume, composition, and characteristics of Chinese lending to the region since 2005.
Lisa Viscidi spoke on the “Beyond the Headlines” panel at the 2019 Bloomberg New Energy Finance Summit in New York City. In a wide-ranging conversation about current events in energy, she commented on the shift in the US energy trade balance and its effects on foreign policy, Chinese financing for foreign energy projects, the importance of upgrading transmission lines for expanding renewable power generation, and how the Green New Deal attempts to reframe the discussion on climate change in the US.
[caption id="attachment_80422" align="alignleft" width="382"] Photo credit: Alvaro Villasante[/caption]She also participated in a roundtable on opportunities for investment in Colombia (left) in which she compared Colombia’s recent renewable energy auction to others in Latin America and evaluated investment risks such as currency devaluation and local opposition to projects.
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Estimates of the volume, composition, and characteristics of Chinese lending to the region since 2005.
As global temperatures continue to rise with the global community stalled on any way to stop them, countries must prepare to adapt to increasingly volatile environmental conditions.
As the global financial crisis continues to alter US relations with the hemisphere, greater engagement in the region remains critical to US interests.