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Latin American Economic Outlook 2022

Towards a Green and Just Transition

image of Latin American Economic Outlook 2022

What challenges and opportunities does the green transition entail for Latin America and the Caribbean? This 15th edition of the Latin American Economic Outlook explores options for the region to recast its production models, transform its energy matrix and create better jobs in the process. It argues that, for this transition to be just, stronger social-protection systems and open dialogue must help build new, sustainable social contracts. In support of this ambitious agenda, the report presents an array of financing options, including green finance, and advocates for renewed international partnerships.

English Also available in: Spanish

Guatemala

In 2019, total greenhouse gas (GHG) emissions per capita in Guatemala were 2.1 tonnes of carbon dioxide equivalent (t CO2e), lower than the averages for Latin America and the Caribbean (LAC) (6.3) and countries belonging to the Organisation for Economic Co-operation and Development (OECD) (9.1). That same year, the share of the population exposed to air pollution levels that pose risks to human health (PM2.5 at more than 10 µg/m3) was 100%, higher than 95.4% for LAC and 61.0% for the OECD. The marine protected area of Guatemala accounted for 0.8% of its territorial waters in 2021, compared to 7.3% for LAC and 18.6% for the OECD. On the fiscal side, environmentally related tax revenue was 0.8% of gross domestic product (GDP) in 2020, below the averages for LAC (1.0%) and the OECD (2.1%). Total tax revenue as a percentage of GDP (12.4%) in 2020 remained lower than the averages for LAC (21.9%) and the OECD (33.5%).

English Also available in: Spanish

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