LATIN AMERICA ADVISOR

LATIN AMERICA ADVISOR

A daily publication Of the dialogue

December 12, 4720

How Likely Is Colombia to Ban New Coal Projects?

Colombia’s energy and mines ministry, led by Minister Andrés Camacho is proposing a ban on new coal mining projects and future exploration for the commodity. // File Photo: Colombian Government.

Q

A

Sergio Guzmán, director at Colombia Risk Analysis: “The government introduced its draft reform to the mining code on Feb. 16, advocating for a ban on new thermal coal exploitation contracts. This proposal could significantly affect current operations and deter foreign investment in the energy sector, considering Colombia’s substantial coal exports. Shorter exploration time frames and stricter environmental regulations will inflate operational costs. Furthermore, the government’s proposal to formalize artisanal small-scale mining through a state-owned enterprise may diminish private sector involvement in the activity. Following public comments, the draft will undergo scrutiny in Congress, likely in the latter half of the year amid competing legislative reforms. Considering the government is currently planning to…”

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Colombia’s Petro Threatens to Break Ties With Israel
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The Inter-American Dialogue publishes the Latin America Advisor every business day for a distinguished membership of informed corporate leaders, scholars, and government officials invested in Latin America’s development and future. The Advisor‘s highly regarded Q&A section covers questions submitted by subscribers themselves. Commentators regularly include heads of state, business leaders, diplomats, economists, analysts, and thought leaders from around the world. Many of the world’s largest and fastest-growing companies subscribe to the Advisor. To subscribe, click here. For terms and conditions, click here. 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

Diego Arria
Director,
Columbus Group

Merike Blofield
Professor of Political Science,
University of Hamburg

Devry Boughner Vorwerk
CEO,
DevryBV Sustainable Strategies

Joyce Chang
Global Head of Research,
J.P. Morgan

Marlene Fernández
Corporate Vice President for Gov’t Relations,
Arcos Dorados (McDonald’s)

Peter Hakim
President Emeritus,
Inter-American Dialogue

Donna Hrinak
Director,
Adtalem Global Education

Jon E. Huenemann
Council Member,
GLG Inc.

James R. Jones
Chairman,
Monarch Global Strategies

Craig Kelly
Senior Director,
Int’l Gov’t Relations,
Exxon Mobil

Barbara Kotschwar
Professor of Political Economy,
Georgetown University

John Maisto
Director,
US Education Finance Group

Nicolas Mariscal
Chairman,
Grupo Marhnos

Thomas F. McLarty III
Chairman,
McLarty Associates

Beatrice Rangel
Director,
AMLA Consulting

Ernesto Revilla
Head of Latin American Economics, Citi

Gustavo Roosen
President,
IESA

Andrés Rozental
President, Rozental &
Asociados

Shelly Shetty
Managing Director,
Sovereigns, Fitch

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