The Latin American and Caribbean Energy Organization (OLACDE) participated in the International Vienna Energy and Climate Forum (IVECF), a platform of solutions to accelerate low-emission, climate-resilient development worldwide. In this space, OLACDE reaffirmed its commitment to a just, resilient, and integrated energy transition, aimed at turning climate ambition into concrete results for economic development and competitiveness in LAC.
Representing OLACDE, Gloria Alvarenga, Director of Integration, Access and Energy Security, took part in the high-level panel on green industrialization, where she highlighted that the region holds a strategic position to lead industrial decarbonization processes, backed by an electricity matrix that reaches 67% renewable generation. However, she warned that this potential comes with structural challenges, such as the projected growth in electricity demand, which could exceed 150% by 2050, requiring robust energy planning with a long-term vision and regional coordination.
During her remarks, she underscored the importance of adopting a territorial approach to the energy transition, highlighting the role of energy districts as tools to improve efficiency, promote coordination between public and private stakeholders, and accelerate the implementation of low-carbon solutions in strategic productive sectors.
She also emphasized the need to move from global commitments to effective implementation, promoting the transformation of international initiatives, such as the Belém Declaration, into operational instruments that include common methodologies, bankable project portfolios, and concrete knowledge-transfer mechanisms.
OLACDE’s participation in the forum also highlighted that regional energy integration is a determining factor in boosting investment and strengthening energy security. In this regard, cooperation among countries makes it possible to reduce risks, generate economies of scale, and maximize the impact of emissions mitigation actions, positioning the region as an attractive destination for sustainable investment.
For more information contact:
Diana Soriano, Head of Communications.
