Wildfires in the Amazon rainforest caused a social media frenzy last week, shining a spotlight on Brazil. Although fires in the Amazon aren’t new, under the Bolsonaro government they take on a new meaning.
Scaling up climate-related policies and investing in sustainable infrastructure could increase GDP by up to 2.8 percent on average across G20 countries by 2050. Aiming for net zero emissions is not only smart policy, but a growth opportunity for Latin American countries.
Since the incoming government of Jair Bolsonaro backed out of Brazil’s plan to host the COP25 meetings next year, five Latin American and Caribbean countries—Barbados, Chile, Costa Rica, Guatemala and Jamaica—have stepped up.
Greater cooperation between countries, states, cities, the private sector and civil society in the U.S. and Latin America can play a vital role in making the hemisphere more secure by improving resilience to climate change.