The Latin American Energy Organization (OLADE) took part in the 5th International Biofuels Conference held in Santa Marta, Colombia. The event brought together companies across the production chain, technology developers, industrial service providers, investors, national government officials, and regional representatives of the biofuel agroindustry.
During the conference, OLADE’s Executive Secretary, Andrés Rebolledo, reaffirmed that biofuels are essential to decarbonizing energy demand in Latin America and the Caribbean, especially in the transport sector, which accounts for over 40% of regional emissions.
“Today, biofuels carry the same weight as solar and wind in the primary energy supply. Continuing to develop them is key to shifting the climate needle in hard-to-electrify sectors,” said Rebolledo.
OLADE emphasized that the region already produces 27% of total global biofuels and holds unique comparative advantages such as abundant resources, technical expertise, and regulatory frameworks that support their integration, particularly in transport.
The organization also warned that achieving carbon neutrality by 2050 will require tripling current production, raising the share of biofuels in the primary energy matrix from 4% to 11%. This will demand tailored public policies, increased financing, and strengthened regional cooperation.
The conference has positioned itself as a strategic forum for promoting new sustainable agroindustries and accelerating the energy transition in Latin America and the Caribbean.