In 2023, a series of climatological and political events unfolded, partly driving forward the global climate and health agenda while simultaneously exposing important disparities and vulnerabilities to climate-related events. On the policy front, a significant step forward was marked by the inaugural Health Day at COP28, acknowledging the profound impacts of climate change on health. However, the first-ever Global Stocktake showed an important gap between the current progress and the targets outlined in the Paris Agreement, underscoring the urgent need for further and decisive action. From a Latin American perspective, some questions arise: How do we achieve the change that is needed? How to address the vulnerabilities to climate change in a region with long-standing social inequities? How do we promote intersectoral collaboration to face a complex problem such as climate change? The debate is still ongoing, and in many instances, it is just starting.

Climate change–induced extreme events pose an important challenge for urban water managers. In Santiago (Chile), the total cost of such events can be reduced by an option contract that sets ex ante water prices and water volumes to be traded when certain triggering conditions are met. This article discusses two types of option contracts: water leasing to trade water from agriculture to urban uses during droughts; and a savings option contract to reduce urban water consumption during short-term turbidity events. We find that water option contracts are flexible instruments that improve the distribution of hydrological risks.

Water, as a common pool resource, is threatened by the possibility of overextraction generating a negative economic impact, conflicts among users, and greater income inequality. Scholars have discussed different governance approaches to deal with this threat, including centralized governance and self-governance, and lately, special attention has been paid to the interactions between formal institutions (the state) and local water user associations and how this promotes self-governance. The aim of this paper was to examine the adoption of Ostrom’s design principles present in the legal norms dictated in the Chilean Water Code by water user associations and to analyze the roles of their size, community homogeneity, and perceived water stress on adopting legal norms. The results showed that water communities generally follow the rules established in the Water Code, but the voting system, distribution of water, and fee payment are adjusted in small and homogenous water user associations. We can also conclude that a cornerstone in the system is implementing graduated sanctions, as water users see the tools provided by the Water Code as ineffective.

The appropriate design of land-use and rural employment policies depends upon the anticipated performance of the farm sector in the context of expected climate changes, especially with respect to land allocations to potential activities. Concerns over the possible net benefits of land-use changes are particularly acute in lower- and middle-income countries, where agriculture tends to be important in employment, income generation and foreign-exchange earnings. This paper presents an analysis of the expected impacts on land use in Chile of projected climate-change scenarios in 2040 and 2070. We developed a farmland allocation model with associated labor employment at the municipal level driven by expected relative net incomes per hectare, constructed from local average per-hectare yields, regional average output prices and per-hectare production cost estimates. The sensitivities of cropland allocations to relative net-income changes were estimated using historical land allocations at the municipal level derived from the last two Chilean Agricultural Censuses. The results show that the impacts of climate changes will be mitigated by land-use adaptation, the main export-earning crops tending to move south; in aggregate, agricultural employment will decrease in all the climate-change scenarios; forestry and agriculture would likely suffer a loss in net-income generation under severe climate-change scenarios.