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Brazil is second only to China as the most attractive emerging market for renewable energy investments, a new study shows.
The Climatescope 2014 index, developed by the Inter-American Development Bank, gave Brazil an overall score of 2.17, behind China's 2.23.
Other Latin American nations to feature in the top 10 were Chile (fifth, 1.79), Uruguay (sixth, 1.75) and Mexico (eighth, 1.57).
According to Climatescope's website, the study assessed the clean energy investment climate in 55 emerging countries.
The index considers 54 input indicators in four subsections: enabling framework, financing conditions, value chains and greenhouse gas management activities.
Brazil was ranked highest in the enabling framework category, measuring "fundamental structures and market conditions." But it was the least attractive of the top five for financing and investment.
The report can be seen here.
BNamericas will host its 11th Southern Cone Energy Summit in Lima, Peru, on November 12-13. Click here to download the agenda.