Energy Transition and Climate Resilience: Catalysts for Growth and Inclusion

Opinion column by Mario Cimoli (ECLAC) and Mahmoud Mohieldin (UN) arguing that the energy transition and climate resilience are necessary conditions for renewed inclusive growth in Latin America and the Caribbean. Despite contributing minimally to global emissions, the region faces high climate vulnerability, growing public debt and lagging investment. The authors highlight the region's endowment of strategic resources — lithium, copper, solar and wind energy — and the need for innovative financial instruments such as debt-for-climate swaps and natural disaster clauses, while also pointing to the link between fossil fuel price volatility and rising food prices.