Latin America’s Energy Community Underlines Link Between Energy Transformation and Prosperity

High-level energy and climate decision makers from Latin America and the Caribbean underlined the importance of low-carbon energy policy to securing stable, long-term prosperity across regional economies, during a webinar co-hosted by the International Renewable Energy Agency (IRENA) and the Latin American Energy Organization (OLADE). The virtual meeting entitled Accelerating …

Status of Climate Risk Management in Latin American and Caribbean Banks

A survey among 78 financial institutions in Latin America and the Caribbean holding 54% of the total assets managed by the banking sector in the region, revealed that 38% of banks incorporate guidelines on climate change in their strategy and 24% have a policy on climate risk evaluation and disclosure. …

Clean Air and Green Jobs in Latin America and the Caribbean Thanks to E-Mobility

The transport sector is responsible for 15 per cent of greenhouse gas emissions in the region. New report calls to prioritize the electrification of public transport, especially when updating old bus fleets. Electric mobility could foster new investments and jobs, which are key to COVID-19 recovery efforts. The transition to …

Innovative Program Connects Donors and Tree-Planting Groups

In 2018, the United Nations (UN) declared 2021-2030 as the UN Decade on Ecosystem Restoration in an effort to reverse centuries of damage to forests, wetlands and other ecosystems. The following year, as if to dramatize the urgency, fires swept through the forests of the Brazilian Amazon, Eastern Australia and the …

Staying the Course on Clean Transport Fuels in Latin America

Modern bioenergy is an often-overlooked giant among renewable energy sources, accounting for half of the world’s renewable energy consumption. Biofuels are by far the largest source of clean transport fuels, with almost a quarter of the demand coming from Latin America. Biofuels have numerous benefits for the region, from ensuring …

Renewable Energy Can Support Resilient and Equitable Recovery

Advancing the renewables-based energy transformation is an opportunity to meet international climate goals while boosting economic growth, creating millions of jobs and improving human welfare by 2050, finds the first Global Renewables Outlook released by the International Renewable Energy Agency (IRENA) recently. While a pathway to deeper decarbonisation requires total …