The Way Forward for Renewable Energy in Central America
Phase One Report Just Released:
The Way Forward Renewable Energy in Central America: Status Assessment, Best Practices, Gap Analysis
With joint support from the Climate Development Knowledge Networkand the Energy and Environment Partnership with Central America, and in close cooperation with the INCAE Business School, the Worldwatch Institute has completed the most comprehensive and up-to-date status survey and gap assessment of renewable energy in Central America. The report focuses on the status of renewable energy technologies in Central America and analyzes the conditions for their advancement in the future. It identifies important knowledge and information gaps and evaluates key finance and policy barriers, making suggestions for how to overcome both. As such, this study is a “roadmap of a roadmap”—it scopes the improvements that need to happen with regard to the key components of a sustainable energy system and establishes the necessary methodology and groundwork for comprehensive national energy strategies.
Among the report’s key findings:
In all Central American countries, a rapid transition to 100% renewable electricity generation is both technically possible and socioeconomically beneficial. To support this transition, we suggest four areas for improvement in knowledge and communication as well as four areas for improvement in finance and policy:
Addressing knowledge and communication barriers:
Addressing finance and policy barriers:
Central America can power its economies in large part with renewable energy sources, helping the region to address some of its most pressing development challenges. What is needed now is the continued, collaborative effort of researchers, governments, and the private sector to help realize this goal.
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This project supported by:
The Project Team
Energy & Climate Director
Central America Fellow
Senior Project Advisor
INCAE Research Fellow
Map Sustainable Energy Fellow
The Worldwatch Institute is a global leader in international renewable energy market and policy analysis. Each year, Worldwatch contributes to the REN21 Renewables Global Status Report, a leading reference publication that details worldwide renewable energy trends. Current projects include the production of comprehensive sustainable energy roadmaps for the governments of the Dominican Republic, Haiti, and Jamaica as well as a food and agriculture project titled Nourishing the Planet.
In this project, the Worldwatch Institute is collaborating with the INCAE Business School’s Latin American Center for Competitiveness and Sustainable Development (CLACDS) as a regional implementation partner. As INCAE’s principal research organization and ‘impact center’, CLACDS serves as an action-based think tank for the region’s governments, international organizations, private sector and civil society.