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
sustainable energy
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
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 IDB and UK join forces to invest in sustainable infrastructure in Peru
In Latin America and the Caribbean, investment levels in infrastructure have not matched green growth objectives in recent years. Now more than ever, with the socioeconomic crisis generated by the pandemic, investment in sustainable infrastructure is crucial for the economic recovery. An additional investment in infrastructure could significantly boost growth in the … [Read more...] about The IDB and UK join forces to invest in sustainable infrastructure in Peru
Transforming the energy system in the Caribbean: technological disruption, and resilience
COVID-19 reminds us of the importance of continually investing in energy efficiency and technologies to reach a sustainable energy matrix in the Caribbean. Energy efficiency and sustainability are recurring issues that challenge the Caribbean energy sector. Prior to the COVID-19 pandemic, the energy sector has been vulnerable to the effects of climate change. The frequency … [Read more...] about Transforming the energy system in the Caribbean: technological disruption, and resilience