The Latin American Energy Organization (OLADE) and the United Nations initiative, Sustainable Energy for All (SEforALL), have signed a Memorandum of Understanding to strengthen cooperation in sustainable energy development in Latin America and the Caribbean.
This agreement aims to advance the achievement of Sustainable Development Goal 7 (SDG 7), which promotes access to affordable, reliable, sustainable, and modern energy for all by 2030. The partnership will drive key actions in renewable energy, energy efficiency, and climate change adaptation, thus contributing to the region’s energy security.
The Memorandum was signed by OLADE’s Executive Secretary, Andrés Rebolledo Smitmans, and SEforALL’s CEO, Damilola Ogunbiyi, in a global context that demands urgent measures to address climate change and ensure equitable access to energy.
Damilola Ogunbiyi highlighted the significance of this collaboration: “We have decided to partner with OLADE, an institution that works with its 27 member countries to advance the transition to clean energy. Together, we will analyze policies, regulations, tariffs, and investment opportunities with a regional perspective. We are also interested in driving innovation in green hydrogen. This alliance reinforces our commitment to energy integration, the development of effective policies, and the attraction of sustainable investments for the region.”
For his part, Andrés Rebolledo emphasized the importance of this Memorandum of Understanding in accelerating action toward achieving SDG 7: “At OLADE, we work to support our member countries in designing and implementing energy policies that promote regional integration. With this agreement, we will strengthen our cooperation in key areas such as youth, gender, access to clean cooking, and the development of critical minerals for the energy transition.”
The agreement establishes cooperation mechanisms in priority areas such as universal energy access, the promotion of sustainable investments, and the strengthening of knowledge exchange and clean technologies. Additionally, both organizations commit to conducting periodic consultations and implementing joint strategies to assess the impact of their initiatives in the region.
