This paper examines if recent sharp declines in the price of oil and other fossil fuels will discourage private investment in renewable energy, which is key for climate change mitigation. The increase in private renewables investment in the Latin America and the Caribbean (LAC) region have been driven by sharp declines in costs alongside supportive policies.
The sharp fall in the price of oil and other fossil fuels since 2014 risks disrupting continued private investment in renewables if they becomes insufficiently profitable. The decline in oil and other fossil fuel prices presents an opportu…
Este documento constituye un análisis para tratar de comprender los determinantes de la ecoinnovación en las empresas latinoamericanas, así como las principales políticas e instrumentos para impulsarla en el marco de la producción verde.
Tomando en cuenta los cambios ambientales drásticos que se han producido en los últimos años, los conceptos de crecimiento verde, economía verde e industria verde —en el marco del desarrollo sostenible— han ganado cada vez más relevancia, destacando la importancia de cambiar los patrones de consumo y producción para impulsar el crecimiento económico y la soste…
This paper examines the key elements of a framework for Caribbean growth and development over the medium-term. The paper notes that while the Caribbean has made major adjustments in a challenging global environment, marked by slower demand, it needs to pursue a new sustainable development framework that integrates economic, social and environmental issues in a seamless way.…