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       Boost your applications with Telefónica Open Gateway
   DIR By: chandna rani
       Date: September 2, 2023, 10:34 pm
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       Even so, the point of greatest convergence between the two
       regions is probably found in the adverse effects of climate
       change and environmental degradation, an issue that had a
       central place in the final declaration of the Summit. Beyond the
       genuine commitment that the societies of the Old Continent may
       have to neutralize global warming, the fact of being able to
       assume a leading role in the direction of the energy and digital
       transition is one of the strategies that the EU has to
       counteract the loss of gravitation as a global actor. In
       practice, this means being able to determine where, how and with
       what technology to carry out actions against climate change. In
       this strategy, Latin America and the Caribbean appears as a
       relevant region in two senses.
       On the one hand, as a India Email List
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       of resources, such as
       lithium and green hydrogen, that facilitate European leadership
       in the configuration of a productive structure based on
       renewable energies. On the other hand, as a “recipient” region
       of the energy paradigm promoted by the global North.know how of
       environmental development”. In Latin America and the Caribbean,
       the position regarding climate change is given by the idea of
       ​​"common but differentiated responsibilities" and,
       in some cases, the concept that the countries of the region are
       "environmental creditors" is also postulated, which which
       involves the imperative that developed (and more polluting)
       countries must offer financing mechanisms to carry out effective
       actions against global warming.
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       As part of renewed European interest in Latin America, the
       president of the European Commission, Ursula von der Leyen,
       announced an investment of 45 billion euros , within the
       framework of the Global Gateway, an EU investment platform aimed
       at projects such as the promotion of renewable energies and
       digital services. Indeed, more than 70% of the Global Gateway
       projects for Latin America and the Caribbean focus on issues
       such as the development of minerals such as lithium and copper,
       the promotion of clean hydrogen and the implementation of green
       bonds. But the Global Gateway is not just a tool to help the EU
       play a leading role in the energy and digital transition on a
       global scale. It is also a policy that seeks to neutralize the
       advance of China in Latin America as an economic and commercial
       partner that occupies the boxes that Europe and the United
       States can no longer fill.
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