The deployment of Digital Smart Metering (DSM) is essential to achieve the digitalization of a more decentralized and decarbonized energy sector, and to provide the main energy sector agents access to immediate, reliable, and harmonized data for decision-making. Smart meters are electronic devices that measure and record electricity consumption in real-time and allow for … [Read more...] about Regulatory recommendations to encourage the deployment of digital smart metering
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Collaboration as a catalyst for decarbonization
3 lessons learned from our collaboration with other energy institutions and Latin America’s path to decarbonization The global energy market has experienced volatility, price increases, and energy security challenges on many fronts in recent years. According to the 2022 World Energy Outlook, geopolitical and economic concerns have affected the energy markets worldwide, … [Read more...] about Collaboration as a catalyst for decarbonization
Better lives, better climate: Latin America and its minerals
Since 2016, the Inter-American Development Bank (IDB) has been working to promote better mining sector governance through its Canadian Extractive Sector Facility (CANEF), a trust fund financed by Global Affairs Canada. This project closed operations in 2022, after channeling CAD 20 million towards various initiatives aimed at enhancing and fostering accountability, gender … [Read more...] about Better lives, better climate: Latin America and its minerals
A nature-based asset in action: Transforming Guyana with renewables
With over 11 billion barrels of oil reserves (one of the highest levels per capita in the world) and GDP growth rates and fiscal revenues rising tremendously over time, Guyana, as a new oil producer, is at the threshold of a new era. At the same time, the Government of Guyana is embarking on a cleaner transformation for domestic electricity generation, taking advantage of its … [Read more...] about A nature-based asset in action: Transforming Guyana with renewables
A global net-zero emissions future: harnessing the strengths of Latin America
The share of non-conventional renewable sources in Latin America and the Caribbean continues to grow steadily. This potential favored by existing natural resources, the implementation of auctions, and the security to invest can ensure a global future with net-zero emissions. Investment in renewable energy capacity in the region grew 43% in 2019 compared to the previous year. … [Read more...] about A global net-zero emissions future: harnessing the strengths of Latin America