Latin American countries earned four of the top ten spots in Bloomberg New Energy Finance’s raking of clean energy investment attraction in emerging economies.
In the past year, Brazil, Chile, Mexico and Uruguay have attracted nearly $20 billion in clean-energy investments. On the whole, the region also accounted for 14 of the top 30 countries. Of the 26 Latin American and Caribbean nations surveyed, 10 had adopted targets for clean energy and 12 held or have plans to hold auctions for clean energy projects.
According to Ethan Zindler, Finance Analyst and Bloomberg New Energy Finance, “Latin America boasts higher clean energy penetration than any other region assessed on Climatescope. There is an explicit proactive effort in the policy side in these countries. There is also an openness to the private sector to participate in the energy generation sector.”
Read more about clean energy in Latin American and the Caribbean here.
