LATAM I-REC markets: Brazil & Mexico 

Take a deep dive into the two largest I-REC markets in Latin America — Brazil and Mexico.

With a few exceptions, Latin American countries have well-established I-REC markets. Uruguay is the latest to join the I-REC community, having been approved for issuance in July 2025.

Brazil is now the world's largest I-REC issuer following China’s decision to exit the system. Meanwhile, Mexico has seen I-REC prices surge amid a supply crisis.

In this session, we explore:

• The renewable energy mix and energy policies in Brazil and Mexico

• Supply and demand balance, and observed I-REC price developments

• National Energy Attribute Certificate (EAC) schemes, their coexistence with the I-REC system, and their role in shaping Mexico’s I-REC price spike

• Procurement strategies for corporate renewable energy buyers