The report analyzes the effects of climate change that Argentina is already facing, mainly through losses caused by droughts and floods. By 2050, drought losses could amount to just 4% of Argentina’s GDP. In addition, flooding results in an average of up to $1. 4. $1 billion in asset losses and $4 billion in welfare losses.
Continuing to decarbonize agriculture, livestock, and land-use replacement is critical, as those activities accounted for 39% of GHG emissions in 2018. According to the report, climate-smart agricultural practices for soils, livestock and price chains are characteristic of emissions and increased emissions. Carbon sequestration in the Argentine agri-food sector.
The fossil fuel-driven electricity sector contributes 37 percent of GHG emissions. It would be important to continue to expand the wonderful potential of renewables and invest in energy power during the transition. In addition, Argentine lithium could cover only about 20 percent of GHG emissions. % of the global call until 2030,
Turn the country into an applicable actor in the energy transition. It would also mean economic benefits, especially for the provinces of Jujuy, Salta and Catamarca in northern Argentina.
The inclusion of the maritime sector in the decarbonisation strategy is another proposed key area of action. Reforms to boost logistics activities, as well as the adoption of low-carbon technologies (such as biofuels, green hydrogen and electromobility) can be useful. In addition, electromobility could create just 21,000 new jobs in the battery and vehicle sectors.
A new report identifies opportunities to build resilience and decarbonize the economy through 2050.
A verbal exreplace to receive more information on the key findings of Argentina’s National Climate and Development Report (CCDR) and explore opportunities for the country to address climate challenges, build resilience, and drive economic expansion through the transition to a low-carbon economy.