Expected Results

The main goals of the Observatory are:

• increasing the access of different players and agents, related to the energy sector of each country, to the existing know-how inside and outside the region
  
  
• promoting that member countries see their renewable energy generating capacity and ability to attract investments strengthened.

In order to obtain the expected results and mitigate the barriers to renewable energy development, the Observatory will put at the disposal of the different agents of the region two mechanisms that, together with its inherent products, will allow them to share knowledge and implement specific actions and projects: the Knowledge Platform and the Technical-Financial Facility.

The combination of these two mechanisms, supported by the proposed products, will convert the Observatory into an agile and practical tool to strengthen interregional bonds in order to increase investment in the energy sector. This will allow LAC to progress in the field of energy security and aid in its sustainable development.

The products will be grouped in two categories according to their most direct relationship to the result tied to knowledge (software) or to investments (hardware).