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The analysis in the book suggests that LAC countries are facing substantial challenges related to climate change but have tools at their disposal to seize the opportunities that the climate change presents. To maximize opportunities and minimize the risks LAC countries will need to improve flexibility and adaptability of their economies. Policies aimed at supporting the reallocation of labor and capital across sectors, investing in basic skills and human capital, improving transparency and economic governance to encourage investment in technology and know-how, and creating fiscal space to manage the climate transition would help LAC countries position themselves to take advantage of the opportunities afforded by the climate transition.

Alternative Energy Sources --- Banking --- Banks and Banking --- Banks and banking, Central --- Central Banks and Their Policies --- Central banks --- Climate change --- Climate policy --- Climate --- Climatic changes --- Currency crises --- Economic & financial crises & disasters --- Environment --- Environmental Conservation and Protection --- Environmental Economics --- Environmental Economics: General --- Environmental Economics: Government Policy --- Environmental management --- Environmental policy & protocols --- Environmental Policy --- Environmental policy --- Financial crises --- Foreign Exchange --- Global Warming --- Green finance / sustainable finance --- Greenhouse gas emissions --- Greenhouse gases --- Macroeconomics --- Natural Disasters and Their Management --- Natural Disasters --- Natural disasters --- Natural Resources --- Natural resources --- Non-renewable resources --- Nonrenewable Resources and Conservation: General