Cover Climate Change Challenges and Opportunities in Latin America and the Caribbean
Climate Change Challenges and Opportunities in Latin America and the Caribbean
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Abstract

The analysis in the book suggests that LAC countries are facing substantial challenges related to climate change but have tools at their disposal to seize the opportunities that the climate change presents. To maximize opportunities and minimize the risks LAC countries will need to improve flexibility and adaptability of their economies. Policies aimed at supporting the reallocation of labor and capital across sectors, investing in basic skills and human capital, improving transparency and economic governance to encourage investment in technology and know-how, and creating fiscal space to manage the climate transition would help LAC countries position themselves to take advantage of the opportunities afforded by the climate transition.

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Editor:
Anna Ivanova https://isni.org/isni/0000000404811396 International Monetary Fund

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,
Julie A Kozack
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, and
Sònia Muñoz https://isni.org/isni/0000000404811396 International Monetary Fund

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Series:
Books
Publisher:
International Monetary Fund
Language:
English
Publication Date:
19 Jul 2024
DOI:
https://doi.org/10.5089/9798400240577.071
ISBN:
9798400240577
Pages:
187
Keywords:
Climate; Latin America and the Caribbean; mitigation; adaptation; building resilience; IMF staff calculation; climate ambition; bank asset quality; financing climate policy; adaptation investment; Climate change; Greenhouse gas emissions; Climate policy; Natural disasters; Non-renewable resources; Caribbean; Central America; Global; South America; Middle East and Central Asia
Legal-disclaimer:
The views expressed in this book are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management. The boundaries, colors, denominations, and any other information shown on the maps do not imply, on the part of the IMF, any judgment on the legal status of any territory or any endorsement or acceptance of such boundaries.
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