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Geothermal Energy Development in Latin America and the Caribbean and the Role of International Development Partners

Marietta SANDER

Key words
Project development, risk mitigation, foreign aid, development cooperation, Latin America, Central America, South America, development partners, development bank
Conference
World Geothermal Congress
Year
2015
Session
Business Strategies
Language
English
Paper number
08008

Full text

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Abstract

The technical paper describes the geothermal status in Latin America and the Caribbean. Several development partners are active in the region aiming to assist in geothermal energy development. Project approaches differ depending whether they are conducted in the framework of technical or financial cooperation. Determining factors also include the funding source, multilateral, bilateral, regional bank funding and others. Project approaches are presented and their effectiveness analyzed.

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