COVID-19

‘Overwhelmed by old challenges’, Caribbean leaders say COVID-19 has forced a new battle for the survival of their nations

Caribbean island nations are under assault from the coronavirus pandemic even as they try to protect their communities from rising seas and raging storms, regional leaders said Saturday at the UN, where they called for bold action to tackle climate change and shore up public health systems.   Source  

Growth with equity, the priority in the post-pandemic agenda for Latin America and the Caribbean

The pandemic has hit the Latin American and Caribbean region hard. Economies contracted more in 2020 than at any other time in over a century. For 2021, we expect a partial recovery. Nevertheless, the best way out of this crisis would be one in which the region can overcome the low growth that persisted before […]

Hard-hit by COVID-19, Latin America seen skimping on climate cash

Latin America is investing too little in a green economic recovery from COVID-19, with only 2% of the region’s stimulus funds being spent on projects that help fight climate change, new data from Oxford University showed. Last year, 33 Latin American and Caribbean nations allocated $318 billion to fiscal and stimulus measures, but the tiny […]

How Covid has changed the Caribbean renewable energy business, and how the renewable energy business can help the economic recovery of the Caribbean

By: Bruce Levy, President & CEO, BMR Energy The short term economic impact of the Covid-19 pandemic on the Caribbean has been devastating. Affecting governments, businesses and individuals alike, unemployment was – and still is – rife and the recovery will be long and slow. A year ago many of us felt that the impact […]

Pandemic derails Caribbean islands’ bid for greener, cheaper energy

A lack of climate finance, electricity monopolies and now the pandemic’s ripple effects are slowing the Caribbean’s shift from economies run on fossil fuels to clean energy, banking and government officials said on Tuesday. In the Eastern Caribbean, only 10% of energy comes from renewable sources and plans to promote the use of solar and […]

A More Sustainable Peru Post-Covid-19

Covid-19 has devastated the Peruvian economy. But as the country seeks to rebuild in the virus’s wake, it has a chance to focus on fighting climate change and creating a more sustainable development model. The extractive industries central to Peru’s economy are a source of underutilized revenues that could help seize this opportunity. Source

Prioritizing the role of women in building clean and decarbonized economies across Latin America and the Caribbean

From our Editorial Team

Why women working in the energy sector will play a vital role in LAC’s economic recovery Even before COVID-19, the promise of full gender equality remained unfulfilled in Latin America and the Caribbean despite the fact that women in the labor force improves competitiveness. By one analysis from McKinsey & Company, published prior to the […]

2021 is here. We want to know, how can we support you?

From our Editorial Team

Few among our number will be sorry to put 2020, an undeniably challenging year, behind us. At the outset, in particular, the prognosis looked grim. Economies across our region were in a state of existential crisis, and unemployment was rife. Clean energy, we feared, might be relegated to the back burner, crowded out in the […]

Caribbean vital to tackling COVID-19, climate change, UN chief tells regional leaders

The twin crises of COVID-19 and climate change present a once in a generation opportunity for the Caribbean and its development partners to form a new alliance for inclusive, sustainable and resilient recovery, the UN Secretary-General told regional heads of government.   Source