The Latin American Energy Organization (OLADE) and the Institute of the Americas (IOA) have signed a Memorandum of Understanding (MOU) to establish the framework for inter-institutional cooperation in the development of the energy sector. The agreement was signed today in Quito by the representatives of both organizations, Andrés Rebolledo, Executive Secretary of OLADE, and Richard Kiy, President and CEO of IOA.
The MOU aims to establish joint foundations for promoting and strengthening energy development and regional integration, with a focus on the sustainable development of energy. The agreed areas of cooperation include regional integration, low-carbon fuels, methane management, and transition energy technologies and innovation.
According to the document, both parties will appoint responsible officials to ensure the implementation of the commitments made and to guarantee effective communication throughout the process.
With this agreement, OLADE and IOA reinforce their commitment to working together on the sustainable development of the energy sector in the region.
Department of Communication and Institutional Relations – María Josefa Corral