Low-Carbon Development in Latin America

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Low-Carbon Development in Latin America ( low-carbon-development-latin-america )

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The scenarios for low-carbon development in Latin America and the Caribbean are varied due to the differences between countries in the region, yet efforts have been made to establish regional scenarios, as shown in Figure 10. The gap between the renewable energy potential and the current installed capacity in the region provides a valuable opportunity to attract socially and economically responsible investments to develop clean, modern and sustainable energy projects. Business as usual Aggressive- I efficiency Mix-I Mix-II Supply I Figure 10. Emissions reduction scenarios 2010-2050 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 2000 2010 2020 2030 2040 2050 Aggressive I efficiency: aggressive policies in energy efficiency combined with electric transport. Plus carbon capture and storage, etc. Mix I: increased efficiency, greater share of renewable energy (97%), progressive electrification of transport systems; significant use of capture and storage post-2030, etc. Mix II: increased efficiency, greater share of renewable energy (97%). Maintenance of conventional transport system; bio-energy; capture and storage in the long run, etc. Supply I: a reduction in energy demand and the use of advanced “electrified” transport system. Source: CELAC, IDB, WWF. 201375 22 Low-Carbon Development in Latin America and the Caribbean: Evolution, experiences and challenges GHG emissions (MtCO2e)

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