Low-carbon transition in Latin America: what are the risks and the main constraints?
By AFD economists Guilherme Magacho, Antoine Godin, Marion Hémar and Emmanuelle Mansart Monat
A hundred and eighteen billion US dollars. This amount, which represents 2.7% of the GDP of Latin America and the Caribbean, is the annual investment in “renewable power generation, energy efficiencies, electrification of heat, transportation, and power grids” the region needs to align with the Paris Agreement’s objective on climate change. To meet this target, countries in the region are adopting policies and fostering technological changes that are generating rapid structural change across the world.
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