The energy mix of Latin America and the Caribbean (LAC) is undergoing constant transformation. In recent decades, renewable energies have led advancements in the region, emerging as one of the most dynamic areas in energy transition. However, energy efficiency remains a secondary priority on the energy agenda, despite its strategic potential to reduce greenhouse gas emissions and enhance energy security.
LAC is particularly vulnerable to the impacts of climate change, which underscores the urgency of integrating energy efficiency as a core component of decarbonization efforts. This approach not only offers environmental advantages but also economic and social benefits, such as reducing energy costs for households and businesses, thereby fostering greater social equity.
Despite its many benefits, energy efficiency has not been fully prioritized in the region. This situation is due to a combination of structural, economic, cultural, and institutional factors. Understanding and addressing these challenges is key to unlocking its potential and positioning energy efficiency as a fundamental pillar of the region’s energy transition.
