Latin America, with most to lose from climate change, puts on brave face at COP26

By Trey Thoelcke Published Oct 28, 11:06AM EDT

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Latin America, with most to lose from climate change, puts on brave face at COP26 — © celsopupo / iStock Editorial via Getty Images

By David Callaway, Callaway Climate Insights

In advance of the UN’s vital climate summit starting this weekend, Callaway Climate Insights is running previews from our top columnists all this week.

(About the author: Michael Molinski is an economist, content strategist and author. He has worked for Fidelity, Charles Schwab and Wells Fargo, and previously as a foreign correspondent and editor for Bloomberg News and MarketWatch. He is the author of Investing in Latin America: Best Stocks, Best Funds (Bloomberg Press, 1999), and Small Business in Paradise (Nolo, 2007). Currently, he is a senior economist at Trendline Economics.)

MEXICO CITY (Callaway Climate Insights) — If there is one single region of the world that has the most to lose from climate change and from the decisions made at COP26, it is Latin America.

Latin America does not have the resources to spend on climate change, and therefore it depends on developed countries to clean up the mess that they’ve made of the world. And that includes tapping loans and grants made by developed countries in an effort to prevent Latin America from falling behind on climate change initiatives.

And yet, “COP26 could be the perfect opportunity for the international climate finance architecture to support (Latin America) and champion a just transition to net-zero,” says Leonardo Beltram, former deputy secretary for planning and energy transition in Mexico. . . .

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About the Author Trey Thoelcke →

Trey has been an editor and author at 24/7 Wall St. for more than a decade, where he has published thousands of articles analyzing corporate earnings, dividend stocks, short interest, insider buying, private equity, and market trends. His comprehensive coverage spans the full spectrum of financial markets, from blue-chip stalwarts to emerging growth companies.

Beyond 24/7 Wall St., Trey has created and edited financial content for Benzinga and AOL's BloggingStocks, contributing additional hundreds of articles to the investment community. He previously oversaw the 24/7 Climate Insights site, managing editorial operations and content strategy, and currently oversees and creates content for My Investing News.

Trey's editorial expertise extends across multiple publishing environments. He served as production editor at Dearborn Financial Publishing and development editor at Kaplan, where he helped shape financial education materials. Earlier in his career, he worked as a writer-producer at SVE. His freelance editing portfolio includes work for prestigious clients such as Sage Publications, Rand McNally, the Institute for Supply Management, the American Library Association, Eggplant Literary Productions, and Spiegel.

Outside of financial journalism, Trey writes fiction and has been an active member of the writing community for years, overseeing a long-running critique group and moderating workshop sessions at regional conventions. He lives with his family in an old house in the Midwest.