Long-term power supply auctions are an increasingly popular instrument worldwide for attracting renewable energy investment while cutting prices, increasing energy security, and reducing emissions. Latin America has been at the forefront of using auctions to boost renewable energy capacity. This study analyzes design and outcomes of government-led long-term power auctions with participation from non-conventional renewable sources in six countries in Latin America and the Caribbean (Brazil, Chile, Mexico, Argentina, Peru, and Jamaica) since 2015.
2019 has been a tumultuous year for South America. In recent months, mass protests have swept across several countries, including major oil and gas producers Bolivia, Ecuador, Peru, and Colombia. Continued political and social turbulence will likely contribute to stagnant oil and gas production growth in these countries. Conversely, Brazil and Guyana are on track to become the region’s largest sources of supply growth.
Top selections from the Latin America Advisor’s editorial staff of issues covering especially important developments during 2019, a remarkable year for Latin America and the Caribbean.
Erik Brand, Gene Kuleta, Anastasia Chacón González
Perú ha avanzado significativamente en los marcos normativos para proveer una mejora en el desarrollo infantil, pero aún hay brechas importantes por superar. A continuación se presenta el informe sobre políticas públicas de primera infancia en Perú.
Lisa Viscidi, director of the Energy, Climate Change and Extractive Industries Program, gave a presentation to the Energy Working Group of the El Encano Institute on clean energy auctions in Latin America and how their intelligent design could benefit other countries in the region.
The largest tropical rainforest on the planet, the Amazon plays a critical role as a storehouse of carbon and mediator of the global water cycle and holds a greater share of the world’s known biodiversity than any other ecosystem. However, unchecked development is placing the Amazon under threat, pushing deforestation rates to near-record levels throughout the region.
On April 17, Alan Garcia, Peru’s two-time president from the APRA party, committed suicide at his home in Lima before being detained by police. Garcia was a controversial figure for much of his career. Just days before the second round of the 2006 elections, Michael Shifter, who had lived and worked in Lima for four years during Garcia’s first term, conducted a revealing and wide-ranging interview with the Peruvian president at his home that ran in The Washington Post.
Before the president’s trip to Lima—his first to the region—the administration should take a close look at why US credibility in Latin America is at historic lows.
A year and a half into his term, President Pedro Pablo Kuczynski’s government is in crisis over revelations that the president accepted payments connected to the Odebrecht corruption scandal.
The Inter-American Dialogue hosted a private roundtable event featuring Ricardo Luna, the Peruvian Minister of Foreign Relations. The discussion highlighted the Minister’s position on the best way for the international community to handle the crisis in Venezuela and how to confront infrastructural-based corruption throughout Latin America. Minister Luna also addressed some of the upcoming plans his government has in its preparation to host the eighth Summit of the Americas next March in Lima.
At a breakfast meeting with members of the Inter-American Dialogue’s Energy and Resources Committee, Michael Reid, The Economist’s senior Latin America editor and author of the “Bello” column, discussed why he thinks the region is shifting to the right.
