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Climate change presents both a critical threat and a unique opportunity for progress in Latin America and the Caribbean. This book delves into this dual reality, showing that climate action is fundamentally development action, as it helps countries achieve crucial development goals in the short to medium term. Reaching net zero is feasible, brings tangible economic benefits, and hinges particularly on agriculture, forestry, and other land uses. Successful climate action will also require widespread public support, grounded in a shared perception that policies are fair and effective. This volume can serve as a resource for governments, the private sector, and citizens in their quest to navigate these perils while seizing the promise that climate action can offer.

*Peril and Promise* provides a compelling exploration of the challenges and opportunities Latin America and the Caribbean face in their fight against climate change. With abundant detail and deep understanding of the region's vulnerabilities and strengths, this book offers insightful analysis, innovative solutions, and a call to action for policymakers, businesses, and communities. It is essential reading for anyone committed to a sustainable future in this part of the world.

Robert N. Stavins

A. J. Meyer Professor of Energy and Economic Development and Director of
the Harvard Environmental Economics Program, Harvard University

This volume compiles the issues and measures taken by Latin American and Caribbean countries to face the climate extremes that are often shared among them, as climate impacts do not recognize national borders. It highlights the needs of the region to improve infrastructure not only by increasing investment but by enhancing efficiency, regulation, and innovation. It emphasizes shifting focus from physical structures to improving services in the energy, transport, and water sectors. The net-zero target is an enormous challenge for countries in the region, which is well explored from an environmental and economic point of view, along with transition alternatives to reaching this target. This volume is a must-read for policymakers considering climate change in their planning for resilience and sustainable development.

Carlos Nobre

Full Professor of Climate and Sustainability,
Institute of Advanced Studies, University of São Paulo
Co-Chair of the Science Panel for the Amazon (SPA)

The Inter-American Development Bank (IDB) is an international institution created in 1959 to foster economic and social development in Latin America and the Caribbean.

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IDB

ISBN 978-1-59782-574-0

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9 781597 825740

90000>

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