Argentina’s performance rates medium in the category of greenhouse gas emissions per capita compared to other G20 countries. The sahre of renewables in Argentina’s energy supply is above G20 average, with an upward trend in absolute renewable energy supply. Investment attractiveness for renewable energy is in the middle range of the G20.
After a long period of virtually no climate policy activity, and an election, Argentina is now catching up. A discussion on the long-term strategy has started, as Argentina remains one of the few G20 countries without a national climate strategy beyond its NDC. A new renewable energy law, two successful, large-scale renewable energy tender round in 2016, coupled with a gradual phase-out of fossil fuel consumption subsidies, show a fresh commitment to clean technologies.
Argentina has been heavily investing in the exploration and development of new reserves of oil and gas in recent years. It separately provides financing through its public institutions, which spent, on average, US$ 2 billion on fossil fuels a year between 2013 and 2014. Argentina’s experts continue to rate their country’s policy performance in many sector-specific targets.
Ojo con el año 2050, Clarin Opinion, 21 July 2017
G20: baja performance climática de la Argentina, según un reporte internacional, infobae, 30 November 2017