Latin America is undergoing a transition to renewable energy. The annual Global Trends in Renewable Energy Investment report from 2015 found that worldwide investment in the renewable energy sector between 2004 and 2014 amounted to more than US$2 trillion. In 2014 alone, global investment in renewable power and fuels totalled US$270 billion, with more than half of this occurring in emerging markets and a significant proportion directed to Latin America . This investment is expected to continue as an increasing number of Latin American countries set renewable energy goals and offer financial incentives for project deployment and manufacturing. Furthermore, the demand for electricity will continue to increase rapidly due to the ongoing demographic and socio-economic structural changes in many Latin American countries.
Publication
Two draft National Environmental Standards have been released for public consultation: one for matters of national environmental significance (MNES Standard), the other for environmental offsets (Offsets Standard).
Publication
The Government has published a response to its October 2024 consultation on the extension of the collective defined contribution (CDC) scheme regime to unconnected employers.
Publication
Next week, governments will convene in Belem, Brazil for “COP30”, which will take place between 10-21 November. Short for the 30th “Conference of the Parties”, this summit is the annual meeting of the supreme decision-making body of the United Nations Framework Convention on Climate Change (UNFCCC).
Subscribe and stay up to date with the latest legal news, information and events . . .
© Norton Rose Fulbright LLP 2025