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Climate Action in Latin America and the Caribbean

Country Reports

Honduras Country Climate and Development Report


Honduras is highly vulnerable to extreme natural hazards, which are expected to increase because of climate change. These will have significant consequences for all of Honduran society, affecting important economic sectors and threatening food and water security and human health. The impacts of climate change are expected to disproportionately affect the poorest and most vulnerable, such as indigenous peoples and afro‑descendants (IPADs) and women. These impacts will likely compound existing challenges such as migration, internal displacement, and land conflicts and insecurity. Even though Honduras’s contribution to global emissions is significantly low, the country has the opportunity to pursue low‑carbon development that will create co‑benefits and foster synergies with climate change adaptation, particularly in the agriculture, water, forestry, energy, and transport sector. This report emphasizes the need for a forward-looking strategy that prioritizes adaptation investments and swift response to natural hazards

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Brazil Country Climate and Development Report

The Brazil Country Climate and Development Report (CCDR)explores policies and options for Brazil to meet its development and climate objectives together. It explores the costs and benefits of an illustrative, but realistic pathway through which Brazil could achieve higher resilience and net-zero emissions by 2050. It identifies priorities for the near and medium terms, as well as options for financing the required investments. This CCDR explores structural reforms and productivity-enhancing measures, economy-wide policies for resilient and decarbonized growth, and multisectoral policies and investment packages that are in line with Brazil’s development and climate objectives. These measures, combined with private, public, and dedicated climate financing, could enable Brazil to achieve green, resilient, and inclusive development, with net-zero emissions by 2050.

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Argentina Country Climate and Development Report

The Argentina Country Climate and Development Report (CCDR) explores opportunities and identifies trade-offs for aligning Argentina’s growth and poverty reduction policies with its commitments on, and its ability to withstand, climate change. It assesses how the country can: reduce its vulnerability to climate shocks through targeted public and private investments and adequation of social protection. The report also shows how Argentina can seize the benefits of a global decarbonization path to sustain a more robust economic growth through further development of Argentina’s potential for renewable energy, energy efficiency actions, the lithium value chain, as well as climate-smart agriculture (and land use) options. Given Argentina’s context, this CCDR focuses on win-win policies and investments, which have large co-benefits or can contribute to raising the country’s growth while helping to adapt the economy, also considering how human capital actions can accompany a just transition.

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Peru Country Climate and Development Report

The Peru Country Climate and Development Report (CCDR) provides analysis and recommendations on integrating the country’s efforts to achieve economic development with the pursuit of emission reduction and climate resilience. The CCDR explores opportunities and trade-offs for aligning Peru’s development path with its recent commitments on climate change. Peru is highly vulnerable to climate change and needs urgent adaptation action. Peru can benefit from decarbonization policies, thanks to its mining, forestry and agriculture, and renewable energy resources. Peru has many opportunities to develop and implement comprehensive climate policies that also increase productivity and reduce poverty. A low-carbon, resilient development for Peru would require substantial institutional reforms, in addition to public and private investments.

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