The Latin American Energy Organization (OLADE) participated in the XV Assembly of the International Renewable Energy Agency (IRENA), held in Abu Dhabi under the central theme: “Accelerating the Transition to Renewable Energy: The Way Forward.” The event addressed energy security, socio-economic development, and financing options essential for a global energy transition.
With the participation of over 1,450 global leaders and energy decision-makers, the assembly provided a platform for dialogue to evaluate progress and propose actions aligned with the UAE Consensus, the 2030 Agenda for Sustainable Development, and the Paris Agreement.
OLADE’s Executive Secretary, Andrés Rebolledo, took part in the high-level panel “Accelerating the Energy Transition: The Way Forward,” which explored the challenges and opportunities associated with the global energy transition. During his remarks, Rebolledo emphasized the importance of effective dialogue between public and private sectors to develop regulatory frameworks that create the necessary environment to attract investments.
“The critical issue for regulatory frameworks is adapting them to a long-term vision. This involves establishing policies that transcend political cycles and foster the stability needed to attract investments in long-term renewable energy projects,” Rebolledo stated. He also underscored the importance of implementing lasting policies and stable regulatory environments, particularly in developing countries, to mitigate risks and accelerate the deployment of renewable energy projects.
Additionally, Rebolledo highlighted the need to ensure access to clean energy for the 17 million people in Latin America and the Caribbean who still lack electricity. This challenge, he explained, requires comprehensive initiatives such as:
- Creating local value chains to integrate the region into the global economy.
- Promoting training and capacity-building programs in clean energy.
- Facilitating dialogue between public and private sectors to define strategic pathways.
- Strengthening the planning, regulation, and operation of energy systems.
The discussions at the XV Assembly also addressed key topics such as macroeconomic planning, the role of private finance, and international cooperation, especially in developing countries in Africa and other regions. Leaders emphasized the need to mobilize affordable climate financing and ensure the equitable distribution of benefits from the energy transition.
OLADE’s participation in this event reinforces its commitment to regional integration and energy sustainability, promoting solutions that positively impact the region and contribute to achieving global climate goals.
