[FPIF] THE IMPACT OF GREEN NEW DEALS ON LATIN AMERICA

[FPIF] In response to an accelerating climate crisis, activists and policymakers have in recent years urged governments to move away from fossil fuels and at the same time create new clean energy jobs, particularly for workers in the oil, gas, and coal sectors. These proposals fall loosely in the category of “Green New Deals,” which references the government stimulus packages launched by Franklin Delano Roosevelt to rescue the U.S. economy during the Great Depression of the 1930s. While some of these Green New Deals are market-driven reform packages with an emphasis on decarbonization, others propose more significant economic and social transformations.