LATIN AMERICA ADVISOR

Energy ADVISOR

A daily publication Of the dialogue

February 25, 2022

How Might Latin America Pay for the Energy Transition?

The U.N. Economic Commission for Latin America and the Caribbean (ECLAC) released a study suggesting that post Covid-19 economic recovery could be accelerated with a big push into renewable energy. A solar farm in Chile is pictured. // File Photo: Chilean Government.

Q

A

Alicia Bárcena, executive secretary of the United Nations Economic Commission for Latin America and the Caribbean (ECLAC): “The economics of sustainable development is the construction of a better future for all, particularly the most vulnerable, who experience environmental degradation the most. Investment in renewable energies with limited liquidity is still possible given that the promotion of these technologies has various possibilities. Low-cost government initiatives, such as bidding for renewables and transmission lines, can be promoted. In this area alone, it is recognized that decarbonizing the electricity grid costs less than maintaining it, and—if considered on an international scale—would create nearly seven million jobs. Countries need to get creative about how to get their existing sectors to work toward the 2030 net zero agenda. Not only that—they need to re-imagine how…”

Top News

Oil Production in Argentina Rises 15% Year-On-Year
Oil production in Argentina reached 570,000 barrels per day in January, a 15 percent increase year-on-year, and the highest volume pumped since late 2011.
Chile to Offer Bonds Linked to Sustainability
The bond offering would be part of the government’s plan to sell $2 billion worth of environmental, social and governance (ESG) bonds overseas, with a focus on renewable energy.
Peru Oil Spill Clean-up Will Cost More Than $65 Mn
Clean-up and remediation costs following the spill of more than 10,000 barrels of oil off the coast of Peru could cost more than $65 million, said Josu Jon Imaz, the chief executive officer of Spanish oil company Repsol.

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ABOUT THE Energy ADVISOR

A sister publication of the Inter-American Dialogue’s daily Latin America Advisor, the weekly Energy Advisor captures fresh analysis from business leaders and government officials on the most important developments in oil and gas, biofuels, the power sector, renewables, new technologies, and the policy debates shaping the future of energy in the Western Hemisphere and beyond. To subscribe or for more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

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Staff

Gene Kuleta
Editor
P. 202.463.2920
E. gkuleta@thedialogue.org

Carl David
Goette-Luciak
Reporter

Nili Blanck
Reporter

board of advisors

Nigel Blackaby
Global Head, International Arbitration Group,
Freshfields Bruckhaus Deringer

Jimena Blanco
Chief Analyst,
Verisk Maplecroft

María José Cortés
Head of ESG,
Atlas Renewable Energy

Jeffrey Davidow
Senior Counselor,
The Cohen Group

Analia Gonzalez
Leader, Arbitration & Litigation,
Laitn America, BakerHostetler

Jonathan C. Hamilton
Partner,
White & Case

Raul Herrera
Partner, Corporate &
Securities Practice,
Arnold & Porter

James R. Jones
Chairman,
Monarch Global Strategies

Jorge Kamine
Partner, Corporate &
Financial Services,
Willkie Farr & Gallagher

Craig A. Kelly
Senior Director,
Int’l Government Relations,
Exxon Mobil

Jeremy Martin
Director,
Energy Program,
Institute of the Americas

Larry Pascal
Chairman, Americas
Practice Group,
Haynes & Boone

R. Kirk Sherr
President,
Clearview Strategy Group

Daniela Stevens
Director,
Energy Transition and Climate Program,
Inter-American Dialogue

Doris Rodríguez
Partner,
Hunton Andrews Kurth

Alexandra Valderrama
Director,
International Government
Affairs, Chevron

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