The Latin America and Caribbean Investment Facilities (LAIF and CIF) invest in projects that develop renewable sources of energy, improve energy efficiency and provide access to energy. A total of 23 energy-related projects have been funded by both facilities since their creation. These have included a variety of projects to improve the quality of access to energy, increase energy efficiency and promote renewable energy generation. Building or developing energy infrastructure is expensive and usually requires combining various sources of funding. LAIF and CIF help to unlock public and private investment for renewable energy projects (hydroelectric, solar and geothermal). Priority is given to projects tackling energy loss reduction measures, energy interconnections between countries and social measures, such as the “social rate”, to ensure access to affordable electricity for those on low incomes.
