Decarbonisation opportunities to gain momentum in Latin America despite political ambiguity Description: Decarbonisation agendas, including those around carbon-offset regulation, have gained traction in Latin America over the past year – a trend that has only been reinforced by COP26.
One of the most crucial components marking the difference between a good ESG due diligence and an excellent ESG due diligence is on-the-ground capabilities.
Control Risks experts travelled to the Brazilian Amazon to conduct an on-the-ground ESG investigation of energy assets and explain the value of carrying out this kind of research.
Given the region's vast mineral wealth, Latin America is nominally well-placed to take advantage of the favorable commodities market, with the price of metals forecasted to grow 16% in 2022.
As de-carbonisation initiatives gain momentum worldwide, lithium has become a new mining frontier. The “Lithium Triangle” (Chile, Argentina and Bolivia), which holds the world’s largest reserves, will continue to present the most significant opportunities for investors in the coming years.
In this joint event with Tozzini Freire, we addressed:
- Variations in ESG issues for business in Brazil and the impact of demographics, socioeconomics and geography in identifying local risks and opportunities for business
- Core drivers behind ESG risks in Brazil
- The ESG regulatory landscape outlook in the next few years in Brazil
ESG risks will vary depending on the election outcome. Petro’s strong position against the extractive industries would imply greater environmental scrutiny of oil and mining investments.