With abundant renewable energy potential and ambitious target to achieve 80 per cent of renewables share in the power generation by 2038, Honduras is already on the right path to reduce its reliance on fossil fuels. The Renewables Readiness Assessment: Honduras by the International Renewable Energy Agency (IRENA) identifies the need to have current energy laws enforced with regulations and implementation mechanism to accelerate the country’s energy transition.
As one of the countries most vulnerable to climate change consequences in Latin America, Honduras faces the urgent need to reduce its CO2 emissions with increased use of renewables. Until recently, hydropower generation has been contributing the largest share to the renewable energy mix, but production faces more challenges due to alterations in climatic patterns. Honduras’ economy is also at risk as it relies on forestry, agriculture and fishing industries – all susceptible to adverse climate-related events.
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