World Bank Releases Report on Latin American and Caribbean Responses to Climate Change
10 December 2008: The World Bank released a new report entitled “Low Carbon, High Growth: Latin American Responses to Climate Change.” The study argues that a shift towards low carbon activities could enhance the region's competitiveness and contribute to a faster recovery from the current economic meltdown.
It highlights Latin America's potential to lead middle income
countries in reducing emissions from deforestation, breaking the
impasse on hydropower development, improving energy efficiency, and
transforming urban transport.
The study further explores how the
region is exposed to climate change and what it can do to avoid its
effects both unilaterally and with global climate agreement incentives
to be negotiated in 2009 at the UN Climate Change Conference in
Copenhagen. [The Report]