Paraguay

Wind turbines amid clouds

Seven countries now generate 100% of their electricity from renewable energy

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Albania, Bhutan, Nepal, Paraguay, Iceland, Ethiopia and the Democratic Republic of Congo produced more than 99.7% of the electricity they consumed using geothermal, hydro, solar or wind power. Data from the International Energy Agency (IEA) and International Renewable Energy Agency (IRENA) also revealed that a further 40 countries generated at least 50% of the electricity they consumed from renewable energy technologies in 2021 and 2022.

Big tree at night

Paraguay adopts new law to improve carbon credit market

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The legislation creates a registry for carbon credit projects within the National Directorate of Climate Change to serve as the official record of every carbon credit program active in Paraguay and ensure that land isn’t being registered more than once — a common problem in the global carbon credit market.

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Paraguay declares independence from Spain

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Independence of Paraguay de facto started on May 14 of 1811 after the Revolution of May 14 when a local ruling junta was created. In early 1811 Paraguayan forces had repeatedly defeated the Argentinian army.

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