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The World Ahead | The Americas in 2024

Latin America could lead the way on green power 

A resource blessing, not a curse?

A miner works at an illegal copper mine in Brazil.
Image: Getty Images

By Ana Lankes

For centuries Latin America has been dogged by the resource curse. Its abundant natural resources have never translated into a lasting, society-wide ascent into broader prosperity. Many are hoping this will change with the global transition to clean energy. The region holds more than half the world’s lithium, used in electric-vehicle batteries; produces over a third of its copper, for electrical wiring; and churns out more than half its silver, crucial for solar panels. It is also home to around half of the world’s biodiversity and a quarter of its forests. In the coming years, regional leaders hope that Latin America can take off as a green power.

This article appeared in the The Americas section of the print edition of The World Ahead 2024 under the headline “A resource blessing?”

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