Let’s say that Worldwatch’s Low-Carbon Energy Roadmaps help convince key decision makers in target countries to move away from fossil fuel dependency and toward a more renewable energy portfolio. And let’s assume that Central and South American countries decide that they all want to have 50 percent of their energy needs met by renewable sources by 2050. While we’re at it, let’s suppose that governments also have the political will to bring these ideas to life and sign a binding agreement that they are all in this together. One question remains: Who is going to pick up the check?

Last week, Euromoney Energy Events, the American Council On Renewable Energy (ACORE), and the Latin American and Caribbean Council On Renewable Energy (LAC-CORE) helped answer that question by hosting the first Renewable Energy Finance Forum focused on Latin America and the Caribbean, also known as REFF-LAC. For two days, financiers, developers, policy professionals, and multilateral banks explored the challenges present in today’s global markets, including uncertainty due to risk, legislative initiatives, and a credit crisis. Similar to its sister event, REFF-Wall Street, REFF-LAC was an opportunity for participants to learn how to start addressing these challenges and move the industry forward. It was also the perfect forum for assessing the changing role of governments, multilateral banks, and commercial lenders.

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ACORE, developing countries, emerging markets, euromoney energy events, lac-core, low-carbon, reff-lac, renewable energy, renewable energy finance, renewable energy investment