South America Archive

October has been a busy month in the field of sustainable finance. China, the world’s largest bilateral creditor, hosted the Conference of the Parties to the Convention on Biological Diversity; public development banks recommitted to aligning their practices with the Paris Agreement at the Finance in Common Summit; and the United Nations Conference on Trade and Development and the World Economic Forum jointly launched a Global Alliance for Sustainable Investment.  This weekend, leaders from the G-20 countries will meet in Rome and renew their commitment to climate finance. And next month, the world’s governments will meet in Glasgow for the […]

Editor’s Note: This is the web version of our subscriber-only Weekly Wrap-Up newsletter, which gives a rundown of the week’s top stories on WPR. Subscribe to receive it by email every Saturday. If you’re already a subscriber,  adjust your newsletter settings to receive it directly to your email inbox. Last month, the surprise announcement by the U.S., U.K. and Australia of their trilateral AUKUS security partnership sent shockwaves across the Indo-Pacific and put China on notice that Washington was adding some bite to its “pivot to Asia.” This week, the shoe was on the other foot, as news broke that China reportedly […]

BOGOTA, Colombia—They have become known as the country’s “last guerrillas,” and their insurgency, one of the longest-running in the world, is often called Colombia’s “other war.” This month, The National Liberation Army, widely known by its Spanish initials ELN, vowed to take reprisals after government forces killed one of its top commanders, prompting security alerts and the deployment of Colombian troops to protect potential targets in the country’s major cities. Ogli Angel Padilla Romero, better known by his alias, Fabian, died in a hospital in the western city of Cali after being injured in a military air raid that targeted […]

COVID-19 has walloped the world’s women. As the virus spread, women—who are overrepresented in hard-hit industries like food service, hospitality, education and, crucially, health care—found themselves vulnerable, unemployed and without a social safety net, and often neglected by government crisis responses. Closures of businesses and schools, necessitated by social distancing, have pushed millions of women from the global workforce: Worldwide, women lost 64 million jobs—$800 billion in earnings—in 2020. At the same time, women’s retreat to the home widened gendered inequities in household labor, as women shouldered ever-greater child care responsibilities and more domestic chores. More time at home also […]

While the Biden administration tries to navigate the domestic political obstacles to implementing the president’s so-called Build Back Better plan, it has quietly started laying the groundwork for a parallel program with major geopolitical implications. Just getting off the ground, Build Back Better World, or B3W, is a plan to improve global infrastructure, widely defined, with an eye to not only raise living standards but, just as importantly, to counter China’s growing influence. The idea was formally announced by the Group of Seven leaders during the G-7 summit last June. It aims to take on China’s high-profile Belt and Road Initiative, or […]