OLACDE joins REN21 in order to jointly promote the increase of renewable energies in Latin America and the Caribbean

This new alliance between The Latin American and Caribbean Energy Organization (OLACDE) and REN21 will boost cooperation between diverse actors at global, regional and local levels, working towards the decarbonization of different sectors in Latin America and the Caribbean.

REN21 is a global network of stakeholders from science, governments, NGOs and industry committed to the adoption of renewable energy. Ren21 warned in June about the slow pace of the energy transition, noting that the proportion of fossil fuels in global energy demand over the last decade remains unchanged and that due to the increase in world population, more fossil fuels are consumed today than 10 years ago.

In this regard, the Executive Secretary of OLACDE, Alfonso Blanco, in relation to the alliance with REN21 mentioned that “cities are where 75% of emissions are generated. There are many opportunities for local governments to be leaders in climate change mitigation. REN21’s experience in facilitating debate at the regional and local level will be vital in bringing stakeholders together to achieve change.

Rana Adib, Executive Director of REN21, spoke of the strength of the new partnership between REN21 and OLACDE, stating that “we believe it is important to understand the barriers and opportunities to realizing the ambition of reaching zero emissions. With the addition of OLACDE to REN21 we hope to drive action in the Latin American and Caribbean region by bringing together diverse actors”.

Furthermore, she mentioned “if we look at transportation, worldwide the sector runs 95.7% on fossil fuels. A decade ago it was 97.1%”.

In the Latin American transport sector, only 2,000 buses, less than 1% of the region’s fleet, were electric by 2020, despite continued interest and the fact that Santiago, Chile, has the most electric buses of any city outside China (400 added in 2020 for a total fleet of more than 800). Bogota (Colombia) added 470 electric buses in 2020 and placed an order for 596 more.

Here you can watch the full dialogue between OLACDE’s Executive Secretary and REN21’s Executive Director.

https://bit.ly/3BI4DEW

More information about REN21: https://www.ren21.net/

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OLACDE joins REN21 in order to jointly promote the increase of renewable energies in Latin America and the Caribbean

Newsletter summary

This new alliance between The Latin American and Caribbean Energy Organization (OLACDE) and REN21 will boost cooperation between diverse actors at global, regional and local levels, working towards the decarbonization of different sectors in Latin America and the Caribbean.

Knowledge and Training

We promote advanced technical training programs that facilitate the exchange of experiences, as well as the development of the human and institutional capacities needed to support the energy transformations in our region.

Our academic offering includes executive programs, postgraduate diplomas, master’s degrees, and innovative initiatives focused on topics such as energy transition, conventional energy, renewable energy, e-mobility, and regional integration.

OLACDE creates a regional network focused on energy knowledge that connects governments, young professionals, academics, and sector experts to drive collaborative solutions through technical cooperation and talent development to address future energy and climate challenges.

Technical cooperation and financing

We strengthen South-South and triangular cooperation ties as drivers to accelerate energy transitions in Latin America and the Caribbean. OLACDE brings together efforts among governments, multilateral organizations, academic institutions, and the private sector to mobilize financing, technical capacities, and innovative solutions tailored to our regional reality.

We promote strategic initiatives aimed at directing resources toward projects focused on decarbonization, conventional energy, renewable energy, and energy justice, with the objective of establishing a more efficient, inclusive, and sustainable regional cooperation architecture.

Regional Energy Community

We are building a regional energy community with a global outlook that seeks to position Latin America and the Caribbean as a key player on the international stage. OLACDE strengthens its representation in major multilateral forums related to energy, trade, and climate by fostering strategic alliances and promoting international cooperation.

Through events such as Energy Week, together with new spaces for international dialogue, we promote a collective voice that helps attract financial investment and create new opportunities for sustainable development across our region.

Energy Transition and Strategic Projects

We drive an energy transition based on principles of sustainability, energy security, and social inclusion. OLACDE supports countries in adopting new technologies related to energy efficiency, energy storage, green hydrogen, electromobility, and grid digitalization to accelerate the sector’s decarbonization process.

Our approach also includes promoting strategic projects that strengthen energy resilience at the regional level, contributing to emission reductions while consolidating a cleaner and more competitive energy infrastructure. Initiatives such as OEMLAC position our region as a leading reference in climate innovation and sustainable energy transition.

Energy information and data

We develop regional platforms dedicated to energy information, technical analysis, and strategic data systems that strengthen both public and private decision-making in the sector. OLACDE promotes the digital transformation of the sector through the use of artificial intelligence, georeferencing, and advanced tools for regional energy analysis.

The integration of systems such as SieLAC, together with new regional platforms, allows for the consolidation of reliable and up-to-date technical information, facilitating modern, interoperable, and evidence-based energy planning.

Regional Energy Integration

We promote cooperation in the regional energy sector, focused on collaboration, infrastructure development, and regulatory harmonization, with the objective of strengthening energy security in Latin America and the Caribbean. OLACDE coordinates projects related to electrical interconnection, gas integration, and regional energy planning, seeking to create efficient and sustainable partnerships.

Through cooperation with the governments of our 27 member countries, regional blocs, multilateral institutions, and both public and private stakeholders, we drive strategic initiatives that promote regulatory harmonization and new energy exchange mechanisms, in order to enhance national capacities and accelerate an integrated energy transition at the regional level.

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