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Latin American Economic Outlook

Latin American Economic Outlook 2022: Towards a green and just transition

Climate change could significantly worsen long-term economic prospects and exacerbate inequalities in Latin American and the Caribbean (LAC). It is urgent to advance towards an ambitious and comprehensive green agenda to address its consequences and improve well-being for all, says the Latin American Economic Outlook (LEO) 2022: Towards a green and just transition

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Resumen - Perspectivas Económicas de América Latina

América Latina y el Caribe (ALC) debe implementar una ambiciosa agenda para transformar la transición verde en una ocasión para lograr un modelo de desarrollo más justo y sostenible. La recuperación requiere adoptar un enfoque sistémico que permita dar respuesta a los retos y maximizar las oportunidades que brinda la transición verde para mejorar el bienestar de los ciudadanos.

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Launch event

This year, with LEO focusing on the green transition, its launch took place on the sidelines of COP27, in Egypt, on 7 November 2022


With remarks from:

  • Omnia El Omrani, Official Youth Envoy for COP27
  • Rodrigo Chaves Robles, President of Costa Rica
  • Mathias Cormann, OECD Secretary-General
  • José Manuel Salazar-Xirinachs, ECLAC Executive-Secretary
  • Sergio Díaz-Granados, CAF Executive-President

 

Press release

English: The green transition can be an economic and social game changer
Spanish: La transición verde puede ser un factor de cambio económico y social
French : La transition verte peut changer la donne économique et sociale
Portugese: A transição verde pode ser um divisor de águas para as esferas econômicao e social



Click the image to access the OECD COP27 Virtual Pavilion

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Read by chapter

Chapter 1

Addressing the structural macro context to drive the green transition

The COVID‑19 recovery in Latin America and the Caribbean (LAC) is slowing down, reflecting low potential growth and an increasingly complex international context driven by Russia’s war against Ukraine and an economic slowdown in China.

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Chapter 2

The potential of the green transition to build a more inclusive development model

A green transition that places citizens’ well‑being at its centre could help Latin America and the Caribbean (LAC) move towards a more inclusive and sustainable development model.

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Chapter 3

Structural change for a new development model

The recovery agenda in the LAC region calls for an integrated holistic approach that enables a green and just transition.

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Chapter 4

How to make it possible? Financing a green and just transition

To transition to net‑zero emissions economies, the LAC region must mobilise substantial resources in a tight fiscal space. To do this, the region needs an effective financing strategy that involves the public and private sectors.

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Chapter 5

How to make it possible? Governing the green transition

A just green transition requires mechanisms to foster inclusive dialogue across all stakeholders and to build consensus around reforms, paying particular attention to overcoming the complex political economy of such a broad reform agenda.

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Chapter 6

International partnerships for a green and just transition

To transition to a sustainable model of development, LAC governments need a strong convening power and to enhance a unified voice in multilateral environmental agendas.

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Country data

Country specific notes

Dive into specific data and messages for each country: Argentina, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Mexico, Panama, Paraguay, Peru and Uruguay.

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