Higher climate risks, higher financial costs Climate risks pose physical and transition risks. Nonetheless, the creditworthiness assessment has yet to distinguish climate risk impacts explicitly. In fact, only after the signing of the Paris Agreement in 2015 incipient studies towards assessing climate risks have been observed, allowing today’s broad acknowledgment of the … [Read more...] about Assessing Climate Risks: Climate Change Impact on Sovereign Ratings in the Caribbean
Before running, learn to walk: Reducing electricity losses as a first step to ensure energy security
Latin America and the Caribbean is the region that loses the most electricity in its transmission and distribution systems. Only in 2012, the region lost 240 terawatt hours (TWh), which is equivalent to 17% of the total electricity generated. This situation, which has gotten worse in recent decades, is analyzed in the recent report Power Lost. Energy losses are inevitable in … [Read more...] about Before running, learn to walk: Reducing electricity losses as a first step to ensure energy security