Suriname, Energy Transition, and Climate Change

Suriname’s prospects of becoming a petrostate improved considerably in September 2023, when France’s TotalEnergies announced that it is commencing studies for developing a USD 9 billion oil and gas project for the Caribbean country’s offshore fields. This project is expected to revitalize the country’s deeply challenged economy and radically reduce poverty. Yet Suriname, like many of its neighbors in the Caribbean and Latin America, faces climate change challenges and is seeking to transition from a dependence on fossil fuels to renewables.

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On the Trail of Suriname’s Illicit Gold Proceeds

While gold plays an important role in Suriname’s economy, it has downsides, some of them related to transnational criminal activities, which benefit from relatively porous borders, stretched government resources (related to a lengthy economic crisis) and corruption.

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Suriname’s Tough Road Ahead

The February 2023 riots reflect the pains of a country going through a profound transition. Suriname is struggling through economic difficulties while still waiting for its oil taps to open meaningfully…

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Oil, Water, and Climate Change in the Guyana-Suriname Basin

Yes, the rising sea levels might only affect offshore drilling operations minimally. But the rising waters and other manifestations of climate change disrupt habitation and the normal conduct of political, economic, and social business within those societies, such that having the wealth could be of little consequence for the people there.

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Governance and electoral continuity and change in the Caribbean

The Caribbean has long enjoyed a reputation for being one of the most democratic regions in the world. Despite the Caribbean’s seeming confidence in the ballot, however, countries in the region nevertheless face considerable challenges in keeping their democracies alive. Elections alone do not make a democracy; rather, there are many other factors that must be taken into consideration in order to ensure good governance.

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