Latin America’s Renewable Riches
Latin America has long been at the forefront of the energy industry. In the 20th century British oil firms made great business untapping the massive hydrocarbon potential in places like Mexico and Venezuela. And now in the 21st century its renewable riches look set to reward international investors once again. Canning House recently hosted a renewable conference, where Gonzalo de Castro, Senior Director at Latin America’s development bank, CAF, looked at the region’s clean energy potential.
The first positive, notes de Castro, is that both the world’s and Latin America’s economic situations are looking up. Global economic growth seems to be stabilising at 3.9%, while Latin America is expected to […]