We would particularly like to thank the World Bank, SEforALL and C40 for their review of, and contribution to, this publication. World Bank -Martina Bosi SE4ALL, UNEP DTU Partnership -Xianli Zhu and Gabriela Prata Dias. C40 -Tim Pryce The Carbon Trust prepared this report based on an impartial analysis of primary and secondary sources. The Carbon Trust is an organisation of independent experts with the mission to accelerate the move to a sustainable, low carbon economy. We operate globally from

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... London, Cardiff, Edinburgh, Washington DC, Beijing, Delhi, Johannesburg, Rio de Janeiro, and Mexico City. The Inter-American Development Bank (IDB) funded and contributed to this report. The IDB is the main source of multilateral financing in Latin America. It provides solutions to development challenges and support in the key areas of the region. The Bank´s current focus areas include three development challenges -social inclusion and inequality, productivity and innovation, and economic integrationand three cross-cutting issues -gender equality and diversity; climate change and environmental sustainability; and institutional capacity and the rule of law.