January 19, 2024
Within Our Network
Kudos to Terrasos for the prestigious recognition from the World Economic Forum!
Your innovative approach to habitat banks and high-integrity biodiversity credits truly sets a benchmark for positive change. Well done!
LATAM Highlights
Brazil
Marina Silva seeks private investors for Global Fund and discusses biodiversity with Bill Gates at Davos, reports Valor.
Argentina
Argentina's President Javier Milei advocates for 'free enterprise capitalism' and warns against the dangers of socialism at the World Economic Forum in Davos, according to CNBC.
Chile
Chilean government collaborates with Google to launch Asia-Pacific fiber optic link, as reported by Reuters.
Peru
Peru's economy grows 0.29% in November, defying a six-month downturn, beating forecasts, and hinting at a recovery from last year's recession, Reuters reports
Panama
Panama Canal toll revenues have fallen by around $100 million per month since October, with the potential for a $700 million decline by April if the current trend persists, as reported by Reuters.
Ecuador
Ecuador successfully frees all prison staff held hostage during recent riots, as reported by prison authorities in response to escalating violence across the country, according to Al Jazeera.
Venezuela
Residents in Essequibo express fears as Venezuela asserts claims over the disputed territory, heightening anxieties in Guyana, reports Al Jazeera.
Notable Transactions in Our Space
Talos Energy to acquire QuarterNorth Energy for $1.29 bln.
Oil giant Adnoc to become major clean hydrogen and ammonia player after agreeing $3.6bn deal to buy Fertiglobe.
INERATEC, a startup producing e-fuel, raised a $129M Series B led by Piva Capital.
Essential Read
At the annual Davos meeting, usual economic topics like inflation and recession are overshadowed by the Ukraine conflict, escalating West-China tensions, and key elections in India and the U.S.
Podcast Spotlight
What's in store for OPEC+ in 2024? This podcast discusses 2024 OPEC+ supply from a wider geopolitical and economic outlook.
Stat of the Week
Countries exhibit diverse approaches to nuclear energy, with some aiming for elimination while others, such as France, the USA, China, Russia, and Canada, play significant roles in its generation.
Our LinkedIn Updates and Posts
The new French energy bill prioritizes nuclear power over renewables. Read more here.
- Energy firms are set to test carbon capture technology in a Brazil undersea oil field. The pilot project will focus on separating oil from CO2-rich natural gas at the ocean floor and reinjecting the captured CO2 into the reservoir. Access the full article for more details.
- India signs lithium exploration deal with Argentina, tapping into over half of the world's lithium reserves. Read the complete article here.
