The Latin American and Caribbean Energy Organization (OLACDE) participated in the International Vienna Energy and Climate Forum (IVECF), a global platform for advancing low-emission and climate-resilient solutions.
In this context, OLACDE reaffirmed its commitment to a just, resilient, and integrated energy transition, aimed at transforming climate ambition into tangible outcomes in economic development and regional competitiveness across Latin America and the Caribbean (LAC).
Representing OLACDE, Gloria Alvarenga, Director of Integration, Access and Energy Security, took part in the high-level panel on green industrialization. She highlighted that the region holds a strategic position to lead industrial decarbonization processes, supported by an electricity matrix with approximately 67% renewable generation. However, she underscored that this potential is accompanied by structural challenges, including projected electricity demand growth that could exceed 150% by 2050, requiring robust energy planning with a long-term vision and strong regional coordination.
During her intervention, she emphasized the importance of adopting a territorial approach to the energy transition, highlighting the role of energy districts as key instruments to enhance efficiency, foster coordination between public and private stakeholders, and accelerate the deployment of low-carbon solutions in strategic productive sectors.
She also stressed the need to move from global commitments to effective implementation, promoting the transformation of international initiatives—such as the Belém Declaration—into operational instruments that include common methodologies, bankable project pipelines, and concrete mechanisms for knowledge transfer.
OLACDE’s participation in the forum also underscored that regional energy integration is a critical factor in mobilizing investment and strengthening energy security. In this regard, cooperation among countries helps reduce risks, generate economies of scale, and maximize the impact of emissions mitigation efforts, positioning the region as an attractive destination for sustainable investment.
For further information, please contact:
Diana Soriano, Head of Communications
diana.soriano@olacde.org
