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dc.titleGetting to Net-Zero Emissions: Lessons from Latin America and the Caribbean
dc.contributor.authorInter-American Development Bank
dc.contributor.authorDeep Decarbonization Pathways for Latin America and the Caribbean
dc.contributor.orgunitClimate Change Solutions Division
dc.coverageColombia
dc.coverageMexico
dc.coveragePeru
dc.coverageArgentina
dc.coverageChile
dc.coverageEcuador
dc.coverageCosta Rica
dc.coverageLatin America and the Caribbean
dc.date.available2019-12-02T00:00:00
dc.date.issue2019-12-02T23:00:00
dc.description.abstractAll Latin America and the Caribbean countries have ratified the Paris Agreement, which aims to limit global warming to between 1.5C and 2C above pre-industrial levels. Those goals require reaching net-zero carbon dioxide emissions by around 2050 and substantial reductions of CO2 emissions by 2030. Getting to Net-Zero Emissions takes stock of the lessons learnt from the experiences of country teams implementing the ongoing IDB-led Deep Decarbonization Pathways in Latin America and the Caribbean Project and proposes approaches to developing and delivering long-term pathways to net-zero emissions by 2050. The report shows the essential role played by long-term strategies in terms of identifying and planning the deployment of the infrastructure and policy packages necessary to ensure a just transition towards a net-zero emission economy. Long-term strategies will help governments anticipate fiscal and financial costs, manage trade-offs, minimize social impacts, and define the sequence of policy reforms and investment priorities required to deliver a carbon-neutral future. The design of long-term strategies by 2020 in line with the timeline envisaged in the context of the Paris Agreement can guide the establishment of more ambitious Nationally Determined Contributions (NDCs) and minimize stranded assets and associated costs. Long-term strategies are an essential instrument, both to contribute to the redirection of public and private investments, and to guide the dialogue with development institutions seeking to support sustainable and inclusive development. By reading this report, we hope that decision makers and technicians will gain insights into how to deliver decarbonization successfully.
dc.format.extent56
dc.identifier.doihttp://dx.doi.org/10.18235/0002024
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Getting_to_Net-Zero_Emissions_Lessons_from_Latin_America_and_the_Caribbean.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Cómo_llegar_a_cero_emisiones_netas_Lecciones_de_América_Latina_y_el_Caribe.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectSustainable Development
dc.subjectRenewable Energy
dc.subjectFossil Fuel
dc.subjectParis Agreement
dc.subjectClimate Change Mitigation
dc.subjectGreenhouse Gas Emission
dc.subjectGlobal Warming Politics
dc.subjectLow-Carbon Economy
dc.subjectDecarbonization
dc.subject.jelcodeO13 - Agriculture • Natural Resources • Energy • Environment • Other Primary Products
dc.subject.jelcodeO33 - Technological Change: Choices and Consequences • Diffusion Processes
dc.subject.jelcodeQ54 - Climate • Natural Disasters and Their Management • Global Warming
dc.subject.jelcodeQ52 - Pollution Control Adoption and Costs • Distributional Effects • Employment Effects
dc.subject.jelcodeQ58 - Government Policy
dc.subject.jelcodeF53 - International Agreements and Observance • International Organizations
dc.subject.jelcodeO15 - Human Resources • Human Development • Income Distribution • Migration
dc.subject.jelcodeL50 - Regulation and Industrial Policy: General
dc.subject.jelcodeO44 - Environment and Growth
dc.subject.keywordsclimate change;Sustainable Infrastructure;stranded assets;climate policy;political economy;green growth;distributional impacts;Climate mitigation;social acceptability;climate ambition;NDC design;NDC implementation;just transition;carbon price;green innovation;net-zero emissions;zero carbon;nature-based solutions;decarbonization plans;Paris Agreement
dc.typeCatalogs and Brochures
idb.identifier.pubnumberIDB-CB-00226
idb.operationRG-T3193
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