The Latin American and Caribbean Energy Organization (OLACDE) and the United Nations initiative Sustainable Energy for All (SEforALL) signed a Memorandum of Understanding aimed at strengthening cooperation on sustainable energy development in Latin America and the Caribbean.
This agreement seeks to advance progress toward Sustainable Development Goal 7 (SDG 7), which promotes access to affordable, reliable, sustainable, and modern energy for all by 2030. The alliance will drive key actions in renewable energy, energy efficiency, and climate change adaptation, thereby contributing to the region’s energy security.
The Memorandum was signed by OLACDE’s Executive Secretary, Andrés Rebolledo Smitmans, and SEforALL’s CEO, Damilola Ogunbiyi, in a global context that demands urgent measures to address climate change and ensure equitable access to energy.
Damilola Ogunbiyi highlighted the importance of this collaboration: “We have decided to partner with OLACDE, an institution that works with its 27 member countries to advance the transition to clean energy. Together we will analyze policies, regulations, tariffs, and investment opportunities with a regional vision. We are also interested in driving innovation in green hydrogen. This alliance reinforces our commitment to energy integration, the development of effective policies, and attracting sustainable investment for the region.”
For his part, Andrés Rebolledo underscored the relevance of this Memorandum of Understanding in accelerating action toward achieving SDG 7: “At OLACDE, we work to support our member countries in designing and implementing energy policies that promote regional integration. With this agreement, we will strengthen our cooperation on key issues such as youth, gender, access to clean cooking, and the development of critical minerals for the energy transition.”
The agreement establishes cooperation mechanisms in priority areas such as universal access to energy, the promotion of sustainable investment, and strengthening the exchange of knowledge and clean technologies. In addition, both organizations commit to holding regular consultations and implementing joint strategies to assess the impact of their initiatives in the region.
