IDB Invest states in a recent blog post that renewable energy showed an outstanding growth in installed capacity in the Latin American and Caribbean region (LAC) during the last decades, however, there is a lack of adequate transmission infrastructure to transport this new generation.

The IDB Group pursues three key lines of action to leverage the pivotal role of transmission in the region’s energy transition:

• Financing transmission infrastructure, with speed and scale, at the national and regional level.

• Capturing the contribution of the transmission assets to decarbonization with analytical tools.

• Optimizing the existing transmission networks’ performance with innovative technologies.

Finally, the authors conclude that LAC region needs a more extensive and efficient transmission infrastructure to accelerate its ambitious transition plan, and reaffirm IDB Group’s comprehensive approach to support this transition path.