The Multilateral Investment Fund of the Inter-American Development Bank and Bloomberg New Energy Finance score 26 nations on their relative ability to foster low-carbon energy growth.
The Climatescope is the first report, index, and interactive web tool focused on the clean energy market in Latin America and the Caribbean. It will be released annually.
The Climatescope uses 30 indicators to measure the ability of each country to attract capital to build a greener economy, aggregated into scores from 0 to 5, with 5 representing the best investing environment. The highest ranked country was Brazil, but it only scored 2.6, indicating ample opportunity for improving conditions to attract more capital for low-carbon and renewable energy capacity. Brazil was closely followed by Nicaragua, Panama, Peru and Chile.
Please download the full report for more detailed analysis.