14-12-2014: Latin American Economy Business report

Officially, the 12-day United Nations climate change conference (known as Conference of the Parties 20 or COP20) held in Lima and chaired by the Peruvian government was a success: it was extended for a further two days to break a deadlock and finally concluded in the early hours of 14 December with the approval of a document that sought to balance the many, often conflicting views of the participants on how to reduce greenhouse gas emissions. While the global debate will continue, it is becoming clear that climate change issues are of growing importance in Latin America.