Latin America’s progress in tackling climate change is excelling and showing that its ambition plans are positioning this region as a new leader in renewable energy. In response to the threats of climate change, Latin America is taking bold climate actions to invest in renewable energy projects and adopting new energy policies to mitigate climate change impacts. As one of the most vulnerable regions to the effects of climate change, many Latin American countries showed their desire for a greener world at the recent United Nations Climate Change Conference (COP23) developing strategic plans to increase the deployment of renewable energy and reduce greenhouse emissions.
First, investment in renewable energy is on the rise as a result of the frequency of natural disasters in the region. In 2017, Latin American countries experienced catastrophic floods, droughts, and storms. Hurricanes like Irma and Maria caused major impacts on the Caribbean islands like Cuba and the Dominican Republic. Hurricane Irma devastated Cuba, 158,554 were displaced from their homes, 980 health facilities were affected, and 95,000 hectares of agriculture land was damaged. Hurricane Maria hit the Dominican Republic dropping 20 inches of rain flooding hundreds of houses. In countries like Peru and Colombia, the number of fatalities caused by natural disasters linked to climate change was even higher than previous years. In Peru, more than 100 people have died as a result, of the magnitude of this year’s floods. In October 2017, Colombia faced the deadliest flood in South America where at least 254 people died in Mocoa town.
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