Latin America and the Caribbean (LAC) is prepared to play a pivotal role in the global energy transition through the adoption of green hydrogen (GH2). With an abundance of renewable energy resources, the region has the potential to become a leader in GH2 production and utilization. The Inter-American Development Bank Group (IDBG), which includes the IDB, IDB Lab, and IDB … [Read more...] about Unlocking Green and Just Hydrogen in Latin America and the Caribbean
UKSIP – Five years catalyzing investment in sustainable infrastructure in collaboration between the public and private sectors
Since 2018, the British Government, together with the IDB, designed the United Kingdom Sustainable Infrastructure Programme (UKSIP) to catalyze private investment in sustainable infrastructure aligned with the Nationally Determined Contributions (NDC) and the Sustainable Development Goals (SDG) in Brazil, Colombia, Mexico, and Peru. This partnership between the British … [Read more...] about UKSIP – Five years catalyzing investment in sustainable infrastructure in collaboration between the public and private sectors
Moving Forward with Energy: 5 reflections on our work in 2022
In a year marked by volatility in world energy markets, at the IDB we focus our support on low-carbon, fair and inclusive energy transitions in the region. We also continue to show that this transition to clean energy sources is compatible with energy security. We explain in this blog the four areas of progress of our work in Energy in 2022. 1. Thanks to our partners in the … [Read more...] about Moving Forward with Energy: 5 reflections on our work in 2022
Enabling Electricity Regulatory Framework for the Deployment of Electric Vehicles’ Charging Infrastructure
Electric mobility is a technological revolution that can greatly impact the electricity and transportation sectors of Latin America and the Caribbean (LAC). As battery costs continue to decline and business models for deploying electric mobility evolve, electric charging infrastructure will be key to accelerating the energy transition. Energy regulators have a critical role in … [Read more...] about Enabling Electricity Regulatory Framework for the Deployment of Electric Vehicles’ Charging Infrastructure
Jamaica, drive electric! Electric Mobility Critical to Energy Security
The global auto industry is in the midst of unprecedented disruption. Emissions limits in the world’s leading economies are forcing automakers to electrify their portfolios. In 2018, Elon Musk’s all-electric startup, Tesla, outsold BMW, Lexus and Mercedes Benz in the US, and nearly every major automaker has announced plans to electrify their line-up by 2025. Bloomberg New … [Read more...] about Jamaica, drive electric! Electric Mobility Critical to Energy Security