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  • Costa Rica Submits Geothermal Direct Use Legislation for Consultation

    December 9, 2021

    Costa Rica is in an important position to begin increasing their direct use of Geothermal resources. However, due to barriers like the lack of a nationwide regulatory framework, the significant potential for geothermal direct use in Costa Rica remains at arm’s length. In response, the Ministry of Environment and Energy (MINAE) invited stakeholders and other […]

  • Caricom talks sustainable energy and moves away from fossil fuel

    December 8, 2021

    The Seventh Caribbean Sustainable Energy Forum (CSEF) hosted by the Caribbean Community (Caricom) Secretariat and the Caribbean Centre for Renewable Energy and Energy Efficiency (CCREEE)  is seeking to address the most pressing sustainable energy challenges and opportunities facing the region. Source

  • IRENA, small island states align to accelerate energy transition

    December 8, 2021

    The International Renewable Energy Agency (IRENA) and the Alliance of Small Island States (AOSIS) have signed an agreement that will see the two organizations work closely to mobilize climate finance and to advance the deployment of renewable energy across Small Island Developing States (SIDS). Source

  • New platform will seek the development of green hydrogen in Latin America and the Caribbean

    December 8, 2021

    November 30th 2021 marked the official launch of H2LAC, a new collaborative platform that seeks to promote the development of green hydrogen in Latin America and the Caribbean, bringing together representatives from over 19 countries. This initiative is endorsed by GIZ in collaboration with the World Bank, ECLAC and the European Union’s Euroclima+ Program. There […]

  • $3 trillion in Latin American oil assets are at serious risk due to lacking energy transitions

    December 8, 2021

    Early this year, the World Bank named Iraq, Libya, Venezuela, Equatorial Guinea, Nigeria, Iran, Guyana, Algeria, Azerbaijan, and Kazakhstan as the most vulnerable oil-producing nations due to their high exposure to the oil and gas sector and relative lack of diversification. Latin American economies are, however, not much better off due to their high reliance on […]

  • Transparency of ESG investment ratings faces regulatory scrutiny

    December 8, 2021

     Reuters reported market regulators set out a global framework to police environment, social and governance (ESG) investment ratings and help combat ‘greenwashing’ in the fast-growing, multi-trillion dollar sector. Source

  • Liberty Latin America is committed to ESG practices across LAC region

    December 8, 2021

    In one of Nasdaq’s recent “Trade Talks,” Liberty Latin America Chief Legal Officer John Winter joined Jill Malandrino to discuss how Liberty Latin America is committed to ESG practices across Latin America and the Caribbean.   Source

  • Central America energy watch: Hydro secures grid clearance in Honduras

    December 7, 2021

    Central America power interconnection commission CRIE has approved a request from Hidroeléctrica El Volcán to connect the 192MW El Tornillito hydro project to the regional transmission network  in Honduras.   Source

  • Costa Rica launches national hydrogen strategy with IDB support

    December 7, 2021

    Following the United Nations Climate Change Conference (COP26), Costa Rica officially presented its National Hydrogen Strategy, which will cover industrial processes with the aim of integrating all initiatives from the private sector, academics and all the actors involved. The program will have significant financing from the Inter-American Development Bank (IDB) and Japan. Source (in Spanish)

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