News article

Launch of New Climate Economy report in Chile

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The British Embassy Santiago collaborated in the launch of report published by the Global Commission on the Economy and Climate.

On Monday 17 November, public, private, academic and civil society actors came together to attend a presentation of the “better growth, better climate: the new economy” report by Chile’s former President Ricardo Lagos. The event, organised by ECLAC and supported by the British, Norwegian and Swedish embassies in Chile, emphasised the report’s conclusions regarding how tackling climate change can go hand in hand with emerging economies.

Alicia Bárcena, Executive Secretary at ECLAC, opened the programme by discussing that enhancing economic growth and addressing climate change globally not only will depend on “exports but on internal investments.” Ricardo Lagos followed by highlighting that a movement towards a growing low carbon economy in Chile will depend on “how we stimulate innovation.”

Local private sector representatives René Muga, Executive Director of the Association of Power Generating Companies and José Olimpio, Volvo Group, also expressed their views on the commitments as well as challenges the private sector is currently experiencing in both adapting more sustainable practices and ensuring profitability.

The New Climate report was published by the Global Commission on the Economy and Climate which is supported by the United Kingdom, Norway, Sweden, Colombia, Ethiopia, Indonesia and South Korea. The UK played a significant role in the reports development as Lord Nicholas Stern chaired the economic advisory panel.

In her opening words at the event, Her Majesty’s Ambassador Fiona Clouder discussed UK’s role as an active global leader on climate change as well as current UK-Chile climate change collaboration efforts. Read Her Majesty’s Ambassador’s speech in Spanish.

Further information

You may find out more in The New Climate Economy report published by the Global Commission on the Economy and Climate.

For more information about this activity, contact Felipe Osses, Climate Change and Green Growth Officer, British Embassy, Santiago.

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