Resource Nationalism & Decarbonization

From the Jain Family Institute:

From Mexico to the Southern Cone, a renewed wave of left-wing electoral victories has yielded comparisons to the “pink tide” of the late-1990s and early-2000s. Where that turn took place in the context of a global commodity boom, these recent elections coincide with a surge in demand for minerals essential to the green transition. The moment has sparked renewed assertiveness by national governments over crucial natural resources, and heated debates over how to balance development goals, global decarbonization, and the needs of communities living on the frontlines of extractive economies—often as polluting and disruptive as the old carbon regime.