While the Trump administration’s “America first” policies are aimed primarily at giving higher priority to national security and economic growth for the United States, the White House’s approach will have impacts on energy relations with the rest of the hemisphere that should also be considered.
As Colombia begins the multi-year process of implementing last year’s peace accord, it is vital to balance environmental conservation with the need for sustainable economic development.
Mexico’s energy reform has led to a remarkable boost in investment, and the expected increase in the country’s crude oil production will strengthen energy security not only for Mexico but also at the regional level.
On March 7th, the Inter-American Dialogue and CAF-Development Bank of Latin America organized a roundtable with a diverse group of experts to provide input for a forthcoming report on US investment in Latin American energy.
Cuts to Washington’s energy engagement could undermine the connections that help support U.S.–Latin American cooperation on issues from security to immigration. When it comes to weakening energy integration in the Americas, there are few winners.
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.
Lisa Viscidi, Rebecca O’Connor
Reports ˙
˙ Italian Institute for International Political Studies
Colombia should integrate environmental considerations into its rural economic development plans to avoid an increase in deforestation associated with the post-conflict transition.
President-elect Donald Trump has vowed to overhaul US energy and foreign policy in ways that could have important impacts on energy relations with Latin America and the Caribbean.
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.
The agreements of the 2030 Agenda for Sustainable Development and COP21 in Paris put Latin American governments in a crucial stage to take action by developing adequate policies to scale up investments in renewable energy and making alliances to receive capacity-building and technological support.
Venezuela’s oil industry has been in decline for years due to mismanagement and lack of investment. But this year, the industry’s problems seem to have multiplied as a result of the sharp decline in global oil prices.
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.