Returning for its second year, the Renewable Energy Finance Forum - Latin America and Caribbean (REFF-LAC) is a unique platform matching capital with renewable energy project development in the region.

The renewable energy landscape in Latin America and the Caribbean has changed dramatically over the past 12 months. The recent wind energy auctions have proven to the region that renewables can rival fossil fuels. Solar and bioenergy markets are also hot right now, with both forecasting very ambitious plans to develop projects at scale.

However, we cannot ignore the instability in the financial markets and the rippling effect that the European debt crisis has had on renewable energy in Latin America and the Caribbean. Lenders continue to exit the market with increasing adversity to the high risk project finance necessary to get these projects off the ground. But, with challenge comes opportunity and looking beyond the banks there are many other financial players who see the positive future of this market and are ready to consider new and innovative ways of investing their capital.