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LATAM...the silent giant. Latin America is rapidly emerging as a critical player in the global economy, particularly in the fields of renewable energy, sustainability, and technology, despite often being considered part of the "developing world." Countries like Brazil, Chile, and Argentina are leading the charge in renewable energy, harnessing abundant natural resources to power growth. Brazil, for instance, generates over 90% of its electricity from renewable sources, mainly hydropower and solar energy, while Chile has made significant strides in solar energy and green hydrogen production according to the World Economic Forum and data from RSM Global. In addition to their energy advances, these countries are also home to some of the world's largest lithium reserves, crucial for the production of electric vehicle batteries. Argentina and Chile, in particular, are becoming key players in this sector, setting the stage for future economic growth driven by the global transition to green energy. Moreover, the technological innovation seen in sectors like agriculture and fintech is positioning countries like Brazil and Mexico as silent giants. These nations are attracting significant foreign investments through reforms that promote renewable energy, nearshoring, and digital transformation. These advancements demonstrate that Latin America, often underestimated, is becoming a key player in the global shift toward sustainability and technological innovation. Are you doing business in LATAM? Let's talk! #latam #businessgrowth #internationalbusinesses #greenenergy #renewableenergy #businessdevelopment #latinoamerica #negocios
