Abstract

Committed to achieving carbon neutrality by mid-century, South America faces unique challenges in carbon mitigation due to its distinct socio-economic, technological, and institutional backgrounds compared to developed and other developing economies. Previous research on South America's carbon emissions has limited country and sector coverage and typically adopts a top-down approach that focuses on the overall emissions of an economy, neglecting individual energy sources and emission sectors. Therefore, this paper compiles a comprehensive inventory of CO2 emissions for South American countries based on a meticulous bottom-up approach and multi-source data integration, followed by a thorough analysis of their temporal evolution patterns and the driving forces behind them. Between 2010 and 2020, South America's overall emissions peaked in 2014 at 1092.3 Mt., led by emissions from oil consumption and from the transport and electricity sectors, and dropped to 865.6 Mt. in 2020, due to the economic fluctuations and COVID-19. Specifically, Brazil was the largest emitter, Chile experienced the most significant increase in emissions, and Paraguay recorded the highest emission growth rate. Generally, expanding population was constant driver of emission growth. High energy intensity led to significant emission increases in Brazil and Ecuador, while elevated carbon intensity was the main driver in Argentina. Energy structure changes played a positive role in most countries to different extents (e.g., much more significant in Brazil than in Chile) but aggrevated emissions in Paraguay and Guyana. Therefore, carbon mitigation strategies should be tailored to each country's unique national circumstances.

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