The Paraguayan capital became the center of the energy agenda of Latin America and the Caribbean with the LIV Meeting of Energy Ministers organized by the Latin American Energy Organization (OLADE), bringing together representatives from 20 ministerial delegations in the region to discuss the challenges and progress in the energy sector.
The meeting provided member countries with a space to assess the energy transition and propose joint strategies. Among the agreements reached were: i) the creation of a Regional Planning Council and ii) the adoption of a regional energy efficiency goal. Additionally, iii) a pact was made to halt the construction of new coal-fired power plants, iv) a Nuclear Energy Working Group was established to strengthen collaboration in this area. Finally, v) support and solidarity were expressed for countries facing power supply outages, reaffirming the region’s commitment to mutual support.
The LIV Meeting of Energy Ministers reaffirms the importance of unity and cooperation among Latin American and Caribbean nations to face current energy challenges and move towards a more sustainable and inclusive future.