The COVID-19 pandemic and the increasingly urgent threat of climate change have clearly demonstrated both the direct relevance of the global (Environmental, Social, and Governance) ESG risk factors as well as the world’s interdependence in facing these ESG risks.
Other countries in Latin America should follow Uruguay’s tactful path to make the most of the opportunities provided by China.
Global Americans convened a panel of regional experts and analysts to weigh in on the implications of Blinken’s visit to Central America, seeking to answer the following questions: What can Costa Rica teach its Central American neighbors with respect to economic stability and transparent governance? How should the U.S. balance its hemispheric national security priorities with the thorny quandary of calling out democratic vulnerabilities and shortcomings? And, generally, which way forward for U.S.-Central American relations once Secretary Blinken has departed San José?
The Colombian government has hinted at its interest in attracting the private sector to collaborate on its plans for energy transition, green growth, and environmental protection, but has not yet spent the time and political capital that will be necessary to get industrial interests on board. Will President Duque seize the moment? And will the private sector take the lead or take a backseat, waiting until Colombia’s political environment changes?
As Latin America inches toward recovery from the COVID-19 pandemic, it is vital that the region’s governments align their rebuilding strategies with their commitments under the 2015 Paris climate agreement. The U.S. could help make that happen.
Brazil produced an average of 2.94 million barrels of oil per day in 2020. The South American country is now the seventh-largest crude oil producer in the world, and the largest in Latin America, with current trends indicating further growth for Brazil’s oil industry.
The Essequibo territory remains a point of contention between Guyana and Venezuela, and the stage is now set for the ICJ to step in and render a judgment.
Over the past four years, Colombia has eradicated nearly 300,000 hectares (more than 1,000 square miles) of coca while seizing more than 2,000 metric tons of pure cocaine and cocaine base, but the country remains plagued by illicit drug activity.
Colombia’s ambitious new pledge aims to reduce its emissions by 51 percent compared to projected emissions in 2030 and reduce black carbon or soot emissions by 40 percent compared to 2014. The new target is consistent with the Paris Agreement’s goal and has put Colombia on a more promising path to achieve net-zero emissions by 2050.
The Colombian oil industry had many ups and downs in 2020, but Wall Street has been lifting 2021 oil price predictions, and positive oil price forecasts are expected to help bolster Colombia’s production.
