Accelerating private investment for a secure, resilient, and low carbon energy future through the Caribbean Regional Energy Policy Dialogue 2023 Energy services are key for improving lives across the Caribbean. The region experiences some of the highest electricity costs globally due to their heavy reliance on imported fossil fuels for power generation, thus impacting their … [Read more...] about Bringing together the Caribbean through Energy
latin america
Great news for the Electricity Sector: Electrorating and Electrokit
Imagine having key and updated data from the electricity distribution sector in LAC in just one place. Certainly, it would facilitate comparison, analysis, and regional research. We have good news for you! Next October 27, at 2:30 pm (EDT) the IDB will be launching two initiatives in partnership with the Energy Hub: Electrorating and Electrokit. Sign up! Why are these … [Read more...] about Great news for the Electricity Sector: Electrorating and Electrokit
Communication Strategies: A Key Element for Energy Subsidy Reforms in Latin America and the Caribbean
Energy subsidies are widely used across the globe. The International Monetary Fund (IMF) estimates that energy subsidies cost trillions of dollars each year as they are increasingly used due to fiscal constraints, peaks in fuel prices, and the misalignment of incentives with climate change efforts. In addition to the heavy burden, … [Read more...] about Communication Strategies: A Key Element for Energy Subsidy Reforms in Latin America and the Caribbean
Unlocking the employment potential of Latin America’s Energy Transition
The energy transition is changing the dynamics of the global investment landscape and opening the door to new activities and business opportunities that will likely impact the sector’s labor market. Evidence from certain LAC countries suggests that for every million dollars invested in the energy sector’s emergent areas, between 7 and 49 new jobs are created. To fully unlock … [Read more...] about Unlocking the employment potential of Latin America’s Energy Transition
The electricity sector, a fundamental pillar in the battle against the COVID-19 pandemic
During the last few weeks, we have seen, heard, and read various information, in all possible media, about the pandemic that affects humanity. The impact of COVID-19 in Latin America and the Caribbean is beginning to directly affect the lives of the population due to the decisions, both political and economic, that governments have taken in favor of social protection and human … [Read more...] about The electricity sector, a fundamental pillar in the battle against the COVID-19 pandemic