Within the framework of the United Nations Climate Change Conference taking place in the United Arab Emirates (COP28), 16 countries in Latin America and the Caribbean presented the most ambitious renewable energy climate initiative worldwide. As world leaders seek to triple renewable energy generation capacity to limit global temperature rise to 1.5°C above pre-industrial … [Read more...] about Latin America and the Caribbean strengthens its leadership in renewables worldwide in the critical decade of climate change through the RELAC initiative
Renewable Energy
Learning from Korea’s push on renewable energy and green hydrogen
During the first week of September 2023, in collaboration with the Inter-American Development Bank (IDB), the Korea Energy Agency (KEA) welcomed a delegation from Argentina, Brazil, Chile, Costa Rica, Mexico, Paraguay, and Uruguay to the “2023 IDB-KEA Training Program on Renewable Energy and Green Hydrogen” in South Korea. This program covered a wide range of topics on energy … [Read more...] about Learning from Korea’s push on renewable energy and green hydrogen
H2LAC 2023: Expanding the Dialogue and the Role of the IDB in the regional green hydrogen market
For some years now, the Inter-American Development Bank (IDB) has been studying the potential of implementing a green hydrogen market in Latin America and the Caribbean (LAC). Currently, the region has the cleanest electricity matrix in the world. This is made up of a significant amount of renewable resources in the form of wind, solar, geothermal, and hydrological resources, … [Read more...] about H2LAC 2023: Expanding the Dialogue and the Role of the IDB in the regional green hydrogen market
Iniciativa SINEA: hacia la integración eléctrica de la región andina
El próximo 9 de mayo se llevará a cabo en la ciudad de Quito, Ecuador, la cumbre de ministros del Sistema de Interconexión Eléctrica Andina (SINEA). A partir de esta cumbre, los países miembros buscan reafirmar su voluntad de avanzar en la creación de un Mercado Andino Eléctrico Regional (MAER) a través de la firma de la Declaración de Quito; aprobar la actualización de la Hoja … [Read more...] about Iniciativa SINEA: hacia la integración eléctrica de la región andina
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