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Latin America Moves Towards Decarbonising the Economy — Global Issues

November 16, 2014

Latin America Moves Towards Decarbonising the Economy — Global Issues.

RIO DE JANEIRO, Nov 14 (IPS) – When the advances made towards curbing global warming are analysed in the first 12 days of December in Lima, during the 20th climate conference, Latin America will present some achievements, as well as the many challenges it faces in “decarbonising development”.

A debate on decarbonising development has emerged in Latin America, a region where natural resources, including fossil fuels, play a heavy role in the economy. Credit: Courtesy of Guilherme/Flickr

Experts consulted by IPS said that during the 20th session of the Conference of the Parties (COP20) to the United Nations Framework Convention on Climate Change (UNFCCC) the region will be able to point to progress in reducing deforestation in the Amazon jungle, especially in the Brazilian portion where forest loss was reduced 80 percent in the last decade, according to official sources.

But they say Latin America’s focus should be the “decarbonisation” of the economy, limiting the share of fossil fuels and other sources of carbon dioxide (CO2) in the energy mix, in order to mitigate the impact of climate change, as demanded by the Intergovernmental Panel on Climate Change (IPCC) in its fifth report, launched Nov. 2.

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