Economist Mauricio Cardenas on Climate Change and Policy in Latin America Unpacking Latin America

In this episode, Mauricio Cardenas discusses the impact of climate change and policies to reduce emissions in Latin America, based on his recent book on Climate Policies in Latin America and the Caribbean. He discussed the costs of climate change to countries in the region as well as the lessons on areas where different countries have move forward. He points to different opportunities, such as the electricity sector, as well as challenges, such as weak state capacity to monitor regulatory goals, especially in the agricultural frontier, and the need to compensate consumers who would pay higher costs for the energy transition. He concludes with a discussion of US incentives to collaborate with the region regarding climate change.