A. M. The World Bank reported that Latin America and the Caribbean have a unique advantage in the transition to a green and digital economy. The region is already a leader in clean energy, with one of the least polluting electricity grids in the world. Its solar, wind and geothermal energy potential makes it an ideal destination for the production and export of carbon-free goods. It also has abundant reserves of lithium and copper, essential for the manufacture of batteries and electric vehicles.
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Green hydrogen is emerging as another great opportunity for the region, especially for decarbonizing industries such as steel and fertilizers. However, to take advantage of these benefits, a well-defined strategy is required, including appropriate incentives, strategic public investments, and better coordination between sectors. This would make it possible to attract more foreign capital and foster sustainable development.
In parallel, the growth of the digital sector is transforming Latin American economies. The rise of technology companies and the proliferation of unicorns in countries such as Argentina, Colombia and Mexico reflect the region’s potential for innovation. The technological training of young people and the adoption of artificial intelligence are driving digital employment and strengthening the region’s global competitiveness.
Despite these advances, the challenge of universal broadband access remains. For more people to benefit from the digital economy, massive investment in technology infrastructure and digital literacy is needed. Incremental growth is not enough; a profound transformation is required to ensure the inclusion of all sectors of society.
In 2025, Latin America and the Caribbean will face significant challenges, but also great opportunities. Harnessing the momentum of the green and digital economy, together with structural reforms and fiscal realignment, can lead the region to sustainable and prosperous growth. Now is the time to act to build a stronger and more equitable future.
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