The good solar resources in the country and ambitious renewable energy targets can now be converted into projects after the Paris Agreement signatories pledged to reinforce plans to direct $100bn a year through 2020, and more than that from 2021 onwards.
“The agreement itself is a positive and important signal,” Sauaia, who was elected executive president in December, told Recharge.
“The decision to move towards a low carbon economy with renewables playing a strategic role will result in an increased flow of investments, [and] technology advances to create a virtuous spiral.”
Since
