Canning House

🌎 Canning House’s flagship forward-looking report, the #LatAmOutlook, arrives in its 2025 edition next Tuesday. 🚀 We'll be hearing directly from the experts at the #launch conference - featuring a keynote speech by The Baroness Chapman of Darlington (the UK Government's Minister for Latin America and the Caribbean), and presentations from Michael Stott, Caroline Wedmore, Christian Perlingiere, David Purkey, Jean-Christophe Salles, Ivan Briscoe and Andres Perez. 🤝 The #LatAmOutlook is produced in partnership with Banco Itaú, Ipsos, Control Risks, the Department for Business and Trade, SEI — Stockholm Environment Institute and International Crisis Group. Take a look at our programme 👇 to find out what's happening next Tuesday or visit our website to learn more 🔗 https://lnkd.in/en22BCc9

Following its first round of voting on 27 October, this Sunday #Uruguay 🇺🇾returns to the ballot box for a run-off election on 24 November, with Yamandú Orsi facing Álvaro Delgado in the race for the presidency. In its latest election-focused webinar, Canning House discusses the election results, and what they means for Uruguay. On the panel... Lucinda Elliott, Reuters Dr Fernando Rosenblatt, The University of Manchester Alfredo Mordezki, Dos Mares CI SL Fernando Prats, London Politica Don't miss it - register now 👇 https://lnkd.in/dQk8w-hY

⚡ As the world races towards #NetZero, the role of #Copper #mining -especially in #LatinAmerica - has become increasingly essential for the global energy transition. ⛏️At the Galvanising Change conference on 4 December, Canning House and Anglo American convene industry #leaders, #policymakers, and #stakeholders to discuss how to unlock Latin America's copper potential. The latest edition of this annual collaboration will feature two high-level panels, an exclusive #FiresideChat, and a keynote speech... 🗺️ PANEL ONE: From #Policy to #Practice: Government Strategies around copper, with... Maria (Loly) Vallenilla, Anglo American; Gracelin Baskaran, PhD, Center for Strategic and International Studies (CSIS) and Baroness Lindsay Northover, Co-Chair of the All-Party Parliamentary Group on #CriticalMinerals. 💡 PANEL TWO: Beyond the Mine: #Innovations in Mining and Cross-Sector #Collaboration, with... Fiona Clouder, Cloudervista/Canning House; Dana Cartwright, ICMM; Phil Newman, Anglo American, Grace Yungwirth, WSP in the UK and Liv Carroll, Accenture. 🔥 FIRESIDE CHAT, featuring Namrata Thapar, Global Head, Metals & Mining at the IFC - International Finance Corporation; in conversation with Jeremy Browne (CEO, Canning House). 🗣️ KEYNOTE SPEECH by Paul Gait, Group Head Of Strategy at Anglo American. 🔎 Across these fascinating sessions, we explore strategic approaches for unlocking the region's copper potential amidst rising #demand, evolving #regulatory landscapes, and advancements in mining #technology. Register now to attend this conference on Wednesday 4 December 👇 https://lnkd.in/ejZW_SYK

Jeremy Browne, CEO of Canning House, and Ian Perrin, COO and Deputy CEO, are in Rio de Janeiro, #Brazil 🇧🇷 this week ahead of the G20, attending the T20 Brasil summit... 👇

NEW #CanningPaper! 🇺🇸 What does the #USElection mean for #LatinAmerica? 🗳️ The 5 November #UnitedStates presidential election is set to be a tight race, with the vote in a small number of swing states likely to be decisive. In its latest Canning Paper, Canning House considers the potential impact of either leading candidate's victory on Latin America, and how the region sees the contest for the White House. Read the full paper 👇 https://lnkd.in/ekEgUzyz

⚡ On Tuesday 22 October, #energy industry leaders gathered in London for an in-depth discussion on fast-tracking the #EnergyTransition in #LatinAmerica at the UK-Latin America Energy Transition Summit: Powering Potential - hosted by Canning House, with sponsorship from ERG International UK. 🔋 It featured two distinguished panels of experts and a #FiresideChat, exploring the challenges and opportunities facing the region as it strives to balance energy security, sustainability, and economic development. Learn more 👇 https://lnkd.in/ea_epT4x

🌍⚡ERG International UK was proud to sponsor and take part in the UK-LATAM Energy Transition Summit – Powering Potential, organised by Canning House. The event gathered leading experts and industry professionals to discuss the future of energy transition in Latin America. A special thanks to Juan Jimenez Perez, and Gustavo Cedeño Elizondo, for their insightful contributions. Their dedication and expertise truly demonstrates ERG’s commitment to driving sustainable solutions and advancing clean energy across global markets. 🌱💡 We are excited about the future of energy collaboration between the UK and LATAM, and we look forward to building on the momentum generated at this successful summit! #EnergyTransition #Sustainability #LATAM #UK #ERGInternationalUK #CanningHouse #CleanEnergy #Infrastructure #PoweringPotential

🇺🇾 🗳Have you heard much about the upcoming Uruguayan elections this Sunday? You might not have, but the stakes are higher than they seem. While Uruguay’s political stability means we’re not expecting major shifts in the business environment—even if leftist candidate Yamandú Orsi wins—the real story is the plebiscite on social security reform 👀. ⚠️ If passed, this reform could drastically reshape Uruguay’s current system, imposing significant fiscal constraints ⛔️ on the new administration and posing serious reputational risks to the country ⛔️. Uruguay, often regarded as a "safe haven" for investors in Latin America, might even see its investment grade at risk. According to J.P. Morgan, economic risks could arise even if the plebiscite fails by a low margin. ✅️📉 However, thankfully for Uruguay’s budget and for stakeholders with exposure to Uruguayan markets, recent polls have shown a downward trend in support for the reform, reducing the likelihood of approval—for now. 💡 If interested in diving deeper into this issue, read my latest article published by Canning House: https://lnkd.in/dmpBuskp Special thanks to Freddy Nevison-Andrews, Susana Berruecos and Clorrie Yeomans for featuring my piece on the blog. London Politica

“Many years later, as he faced the firing squad, Colonel Aureliano Buendía was to remember that distant afternoon when his father took him to discover ice.” (One Hundred Years of Solitude by Gabriel Garcia Márquez) So why the Latin American literary quote? Well, I like reading. And I was on a panel discussing Latin America and energy security. A few data points to set the energy context: 👉33 countries in the region with 16 having set net zero ambitions 👉About 60% of the region’s power generation is from renewables 👉Latin America hosts about 60% of global lithium reserves and represents about 40% of global copper production. 👉Fossil fuels play an important role in Latin America’s energy system. Oil accounts for 60% of fossil fuel demand, gas 34% and the remainder secured by coal 👉Petrobras, Brazil’s national oil company (NOC), will allocate some US$100bn in capex to offshore oil and gas production over the medium term. Brazil is looking to produce some 5m bbls/d of oil by the end of the decade (current output is tracking at 3.5m bbls/d). Pemex, its Mexican counterpart, is indebted to the tune of US$100bn. 👉And finally, Colombia, joined the fossil fuel non-proliferation treaty. It is looking to replace fossil fuels exports with revenue from tourism and clean energy. Key themes from panel: 1️⃣ Decarbonising an economy while striving to ensure energy security is a difficult balancing act. 2️⃣ Regulatory policy needs to be consistent and long term to attract investment. Investors don’t like uncertainty. Regional geopolitics makes policy consistency challenging. 3️⃣ Energy security has domestic and international implications. Regarding the former, think of Mexico: 65% of the gas it consumes is sourced from the US (Europe sourced about 40% of its gas from Russia prior to the Ukraine conflict). 4️⃣ As for international security of demand, think of how concentrated clean energy supply chains are now and the dominant role of China (sourcing and processing critical minerals). Latin America could become a major player in this supply chain, building on current copper exports and lithium exports. 5️⃣ Latin America is not a homogenous block of nation states. Each country should play to its core strengths and focus on one or two core plays in the energy transition. This ranges for example from becoming the provider of last resort in oil (lowest cost and smallest emissions footprint) to a major developer of wind and solar power or exporter of critical transition minerals and green hydrogen. Huge thanks to the organisers, Clorrie Yeomans, Juan Teran Jurado Jeremy Browne and our panel – Tania Arora Ajay Chaudhary Oscar Rincon and Germán Beckmann Canning House #netzero #latinamerica #decarbonisation #energytransition #energysecurity https://lnkd.in/gdNV6D5w

⌛ STARTING SOON! The #UK-#LatinAmerica #EnergyTransition Summit, Powering 𝘗𝘰𝘵𝘦𝘯𝘵𝘪𝘢𝘭 - sponsored by ERG International UK - kicks off at 16:00 TODAY! ⚡ 🔋 Featuring two stimulating panel discussions - on Latin America's place in global #EnergySecurity, and how the UK and #LatAm can work together on the Energy Transition, plus an electrifying #FiresideChat with Eman Martin-Vignerte (Bosch UK & Ireland) and James McKeigue (Fastmarkets) 🔥 Discover today's programme 👇 https://lnkd.in/e33Tejnc