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Latin American Economic Outlook 2022

Towards a Green and Just Transition

image of Latin American Economic Outlook 2022

What challenges and opportunities does the green transition entail for Latin America and the Caribbean? This 15th edition of the Latin American Economic Outlook explores options for the region to recast its production models, transform its energy matrix and create better jobs in the process. It argues that, for this transition to be just, stronger social-protection systems and open dialogue must help build new, sustainable social contracts. In support of this ambitious agenda, the report presents an array of financing options, including green finance, and advocates for renewed international partnerships.

English Also available in: Spanish

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. This chapter presents three key building blocks to advance a more sustainable development model in LAC: energy, production and social protection. The chapter starts by analysing the current energy matrix and goes on to look at the possibilities industrial policies and the circular and the blue economy offer for enhancing current productive structures. Lastly, it reviews the potential impacts the green transition could have on the future of work, and the role social protection systems can play in protecting the most vulnerable during the transition.

English Also available in: Spanish

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