Presentation
The Deep Decarbonization Pathways in Latin America Project (DDPLAC), initiated by the Inter-American Development Bank (IDB), funded by IDB’s Sustainable Energy and Climate Initiative, IDB’s French Climate Fund, the Agence Française de Développement (AFD) and the 2050 Pathways Platform, and managed by IDDRI, has been designed to help build local capacity in 6 countries (Argentina, Colombia, Costa Rica, Ecuador, Mexico, Peru) to research long-term strategies design grounded on a strong science base and embedded in the national policy dialogue.
Citation
DDPLAC Consortium, Edited by C.Bataille. (2020). Policy lessons from the Deep Decarbonization Pathways in Latin America and the Caribbean Project (DDPLAC), IDDRI.
Key Messages
- Getting to net-zero emissions of CO2 is technically possible.
- There are large potential benefits associated with a net-zero transition, notably air quality improvements, lower congestion, job creation, and improved and preserved ecosystem services.
- Delayed or missing action on decarbonization entails high costs.
- The Paris Climate Agreement operates through iteratively updated NDCs that are to be informed by Long-Term Strategies (LTS).
- Country-specific strategies are needed to maximize synergies between deep emission reductions and sustainable development.
- Long-Term strategies (LTSs) can help guide more ambitious NDCs and policy by establishing a country’s vision of specific development outcomes associated with deep decarbonization by mid-century, and identify the sectoral pathways to get there.
