Many investors are familiar with the incredible natural resource wealth that is extracted throughout Latin America. Less known however is the amount of primary energy coming from renewables, which represents more than a quarter of power generation and represents 200% of the global average. The most important renewable power source, hydroelectric generation, is increasingly vulnerable to climate change-induced variability and will be increasingly hard to scale to keep pace with the increased demand expected once the COVID-19 crisis abates. In addition to being a global leader in renewable energy all countries in the region have ratified the Paris Agreement and must now develop strategies to reduce carbon emissions by the 2050 deadline. Could these facts in addition to the emphasis on a more sustainable COVID-19 recovery signal a shift in the region’s economic, political and social volatility often tied to external commodity price shocks? Let’s take a closer look at how a more sustainable approach to energy could build a better and economically richer Latin America.