The Development Bank of Latin America (CAF) is announcing a call for projects to support research efforts that contribute to the understanding of the costs and benefits that a regional energy transition entails, as well as the mechanisms and policies that can favor or hinder this goal.
- To grow to close the average income gap with respect to developed economies,
- To reduce inequality, and
- To protect the environment.
Energy is at the intersection of these three challenges.
This energy transformation implies challenges, but it also offers opportunities. The region has great potential to contribute to the global energy transition from the supply side. On the one hand, it has a great capacity to develop solar and wind energy, in addition to its well-known hydroelectric production capacity. But it can also be an important supplier of “green minerals” that are key to the development of clean energy supply, such as copper, silver, and lithium, among others.
The implications for Latin America and the Caribbean of this inevitable energy transformation process are not yet fully understood. This call for research proposals seeks to contribute to this regard. This call seeks to improve its understanding on how to take advantage of the opportunities and how to overcome the challenges associated to the energy transformation, in such a way as to jointly guarantee the objectives of growth, inclusion, and environmental protection to achieve the integral development of the region.
The current call for projects aims to support research efforts that contribute to a better understanding of the interactions between the energy transition and the objectives of growth, inclusion and environmental protection in Latin America and the Caribbean, emphasizing the policies that favor or hinder these objectives.
- A maximum of three proposals will be selected. Each winning proposal will receive a research grant of up to USD 15,000 to carry out the project. This grant will be disbursed through a consulting contract signed with any member of the research team or her/their institution. A budget proposal is not required.
A non-exhaustive list of topics which are of interest for the current call is the following:
- Energy transition and its effects on employment.
- Fiscal and external sector impact of the energy transition.
- Policies and regulations to promote the energy transition (carbon tax, subsidies, auction for renewables etc.)
- Policies and regulations to promote the energy transition in households, firms and transport.
- Impact evaluation of energy use awareness initiatives.
- Analysis of the aggregate and/or sectoral impacts of the decarbonization of the energy matrix.
- Transport and energy transition.
- Economic agglomeration, energy efficiency, and its role in the energy transition.
- Evaluation of financing mechanisms/policies for the energy transition.
- Estimation of price elasticities of energy demand in firms/households. Substitutability between energy types or between energy and other production factors.
- Energy transition and stranded assets.
- Inequality and energy transition.
- Macroeconomic impacts of the energy transition.
- Rebalancing of energy tariffs and prices (efficient pricing mechanisms that reflect the social cost of energy).
- Development of infrastructure to facilitate the energy transition.
- Redesigning energy markets, regional integration towards transition.
- Challenges and policies for the electrification of industry and transportation.
For more information, visit https://www.caf.com/en/currently/calls/2022/09/energy-transition-in-latin-america-and-the-caribbean/?parent=6571