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.
Financial risks to companies and investors associated with climate change will become more important in the coming years as countries look to decarbonize their economies.
Across Latin America, the sustained decline in global oil prices has had a profound impact on economic growth, political stability and the viability of resource nationalism – when governments assert more control over the nation’s natural resources.
Latin America faces some of the toughest obstacles to halting energy emissions, but many countries in the region also have among the best opportunities to reach climate goals.
Electric transportation is a critical part of a clean transport agenda that can put Colombia on a path toward improving air quality and reducing greenhouse gas emissions.
Electric vehicles are a critical part of a clean transport agenda, but strong policy incentives are needed to promote widespread EV adoption in Latin America.
At a breakfast meeting with members of the Inter-American Dialogue’s Energy and Resources Committee, Michael Reid, The Economist’s senior Latin America editor and author of the “Bello” column, discussed why he thinks the region is shifting to the right.
Peace in Colombia promises to bring many environmental benefits to the country, but also poses environmental risks .
How the State Wrecked the Oil Sector—and How to Save It
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.
As Latin American countries reassess their energy policies in light of lower oil prices, there is an opportunity to apply lessons learned from the US experience to enact regulations that mitigate environmental risks, strengthen public support, and attract investment.
As global oil prices collapsed over the last two years, regional governments have started to lose their leverage in the energy industry. To attract international investors, they must offer increasingly favorable terms, which means ceding more of their own control.
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In the wake of the COP21 global climate talks, governments must shift attention to how they will actually follow through on the commitments made in Paris. One concept is central to achieving that goal – innovation.
To remain competitive, Brazil will have to revise its regulations and reverse many of the reforms instituted just a few years ago.
The hydrocarbons sector is at a turning point. Low prices and uncertain projections, competition for market share, geopolitical dynamics, growing environmental and social concerns, and questions about the future of fossil fuel and renewable energy sources necessitate analysis and discussion about the present and future of the industry and the challenges…
