With plenty of hydropower and recent additions of wind and solar generation, Latin America and the Caribbean boasts one of cleanest electricity grids in the world. And yet, as we show in our recent flagship publication “From Structures to Services”, we are falling short of the goal of limiting warming to 1.5° C and even 2° C. Due to their declining costs, wind and solar … [Read more...] about How Better Electricity Storage Can Help Make Latin America’s Energy Generation Greener
#energy
Strengthening Climate Goals Will End Up Saving Money for Latin America and the Caribbean
By Adrien Vogt-Schilb and Matthew Binsted What if I told you that making greenhouse gas emissions reduction targets more stringent would be cheaper than keeping current ones? That might seem to defy logic. But it makes sense when you consider the financial costs of continuing to invest in technologies that take us only part way to our ultimate emissions-reduction goals, only … [Read more...] about Strengthening Climate Goals Will End Up Saving Money for Latin America and the Caribbean
When Improving Infrastructure Can’t Wait
Policymakers in Latin America and the Caribbean may be keenly aware that the region's crumbling roads, inefficient energy systems, and inadequate water and sanitation hold their countries back. But efforts to improve these and other infrastructure services get the short end of the stick. When governments reduce fiscal deficits, they consistently shortchange capital spending on … [Read more...] about When Improving Infrastructure Can’t Wait
Trimming the Fat for Better Growth
Why do governments need to save? In large part, for some of the same reasons people and firms need to save: to invest and help their economies grow and prosper. Public saving may make up less of national saving than household or corporate saving in Latin America and the Caribbean. But it is nonetheless vital to overall economic health. Greater public saving would allow … [Read more...] about Trimming the Fat for Better Growth