
Latin American countries will demand financial assistance to mitigate against and adapt to climate change at talks in Paris (image: MoyanBrenn).
The years leading up to 2020 are crucial for Latin America. Forecasts indicate that in the next five years, the region’s cities will register the highest rates of population growth in the world and the economically active population will exceed those not of working age, according to research by the Woodrow Wilson Center.
Furthermore, any agreement that emerges from climate talks in Paris that limits emissions of greenhouse gasses (GHGs) will take effect from 2020. Before then, experts are hopeful that the world can begin to transition towards a low-carbon economy, in which industrial sectors such as energy generation and manufacturing adopt processes that emit fewer GHGs.