OPINION: Going with the Wind: Transition to Clean Energy in Latin America & the Caribbean

Banking on renewable energy (Photo via Green Antilles)
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(Inter Press Service) – The UN Climate Action Summit 2019, which took place in the days leading up to the 74th UN General Assembly, delivered new pathways and practical actions for governments and private sector to intensify climate action.

Among these, it recognised that the path towards protecting our planet requires a fundamental change in terms of how households, and the society as a whole, produce and consume electricity.

Despite important efforts, we are still not moving slowly in terms of investments in clean energy. According to the International Energy Agency, in 2018 alone global energy-related CO2 emissions rose 1.7 percent to a historic high, driven by higher energy demand.

This #GraphForThought looks at how Latin America and the Caribbean generates and consumes energy, and outlines some elements of the way forward for LAC energy markets.

It highlights that while LAC is a region whose contribution to global carbon emission from energy generation has been relatively low (contributing to less than 8% of total emissions worldwide), it has contributed significantly to the solution by moving firmly into more renewable sources of energy.

Read more: Inter-Press Service

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