{"id":13008,"date":"2020-07-09T12:03:10","date_gmt":"2020-07-09T17:03:10","guid":{"rendered":"http:\/\/www.olade.org\/noticias\/8-jul-2020-olade-and-irena-put-renewables-at-heart-of-post-pandemic-economic-recovery-in-latin-america-and-the-caribbean\/"},"modified":"2020-07-20T17:33:46","modified_gmt":"2020-07-20T22:33:46","slug":"8-jul-2020-OLACDE-and-irena-put-renewables-at-heart-of-post-pandemic-economic-recovery-in-latin-america-and-the-caribbean","status":"publish","type":"noticias","link":"https:\/\/www.olade.org\/en\/noticias\/8-jul-2020-OLACDE-and-irena-put-renewables-at-heart-of-post-pandemic-economic-recovery-in-latin-america-and-the-caribbean\/","title":{"rendered":"8 JUL 2020 OLACDE and IRENA Put Renewables at Heart of Post-Pandemic Economic Recovery in Latin America and the Caribbean"},"content":{"rendered":"

Accelerating renewables could bring 3 million jobs to Latin America as region battles COVID-19<\/em><\/p>\n

\u00a0<\/em><\/p>\n

Abu Dhabi, United Arab Emirates: <\/strong>July 8th, 2020 \u2014 The International Renewable Energy Agency (IRENA) and The Latin American and Caribbean Energy Organization (OLACDE) will boost ties to put the renewables driven energy transformation at the heart of Latin America and the Caribbean\u2019s economic recovery following the COVID-19 outbreak. The efforts build on an existing Memorandum of Understanding (MoU) originally signed by the two organisations in 2012.<\/p>\n

Accelerating the development of sustainable energy could provide the Latin-American region with a long-term strategy to address social inequality, energy access and energy security. Renewables can also stimulate the growth of clean technology utilisation within the industrial, agricultural, manufacturing and transport sectors, while reducing the carbon emissions in the region by 21 per cent by 2030 compared to today\u2019s levels, contributing towards global decarbonisation efforts in line with the Paris Agreement. In this context, OLACDE and IRENA will promote renewable energy investment and financing, as well as energy integration in the region.<\/p>\n

Under IRENA\u2019s Global Renewables Outlook<\/a>, accelerating the renewable energy driven transformation in Latin America and the Caribbean could create more than three million jobs across the region by 2050, while offering economic returns of between USD $3 and USD $8 dollars on every dollar invested the energy transformation. Investment needs in the region are estimated at USD $45 billion per year between now and mid-century \u2013 an increase of more than 10 per cent over current plans and policies.<\/p>\n

\u201cIt is our core priority to help OLACDE member countries improve energy access and security of energy supply in socially, technically and economically convenient conditions, promoting the incorporation of clean energy resources and efficient technologies,\u201d said Alfonso Blanco Bonilla, Executive Secretary of OLACDE. \u201cIt is in this context, strengthened collaboration between OLACDE and IRENA can support the achievement of deeper energy transitions in the region, accounting for a diverse set of national circumstances and in line with the sustainable development objectives.\u201d<\/p>\n

\u201cWe stand together with OLACDE in ensuring there is collective regional recognition of the socio-economic potential of a green recovery built around the energy transformation,\u201d said Francesco La Camera, Director-General of IRENA. \u201cWhile the region is diverse, all countries within it seek to benefit from higher shares of renewables, from enhanced energy security and lower system costs to widespread job creation, improved health and economic growth. The decisions made by policymakers today must seek to build a future of stability and prosperity, rather than prolong the unsustainable systems of the past.\u201d<\/p>\n

The Lima Declaration, approved during the XLIX Meeting of OLACDE Ministers in November 2019, established energy complementarity and integration as a regional priority, promoting the creation and revitalisation of regional energy markets, including renewable energy. Additionally, the Declaration, ratified the commitment made by OLACDE Member Countries to harmonise energy transition with economic growth and the reduction of greenhouse gas emissions in line with the 2030 Agenda for Sustainable Development and the United Nations Framework Convention on Climate Change.<\/p>\n

Latin American countries possess vast and untapped renewable energy potential. In addition several countries in the region have developed robust electricity markets which results in an appealing destination for RE project developers and investors looking for geographical diversification and clean investments..Countries such as Argentina, Brazil, Chile, Costa Rica, Mexico and Uruguay have grown renewable energy capacity significantly in recent years. In 2019, total regional capacity increased by around 12 gigawatts (GW) and IRENA\u2019s recent \u2018Future of Solar Photovoltaic\u2019 report highlighted that the region\u2019s solar energy capacity alone could grow by a factor of 40 by 2050 to more than 280 GW thanks to an abundant resource endowment and strong enabling policies. In addition, geothermal, wind and bioenergy all play an increasingly important role in the region\u2019s low-carbon energy mix.<\/p>\n

In September last year, Colombia led a region-wide initiative called Renewable Energy in Latin America and the Caribbean (RELAC) \u00a0to increase the share of renewables for electricity generation to at least 70 per cent by 2030. 10 countries are already part of this initiative and several entities have confirmed their support. This initiative may offer an additional area of collaboration between OLACDE and IRENA.<\/p>\n

 <\/p>\n

About the Latin America Energy Organization (OLACDE)<\/strong><\/p>\n

OLACDE is a public intergovernmental cooperation, coordination and advisory body that works for the integration, sustainable development and energy security in the region, advising and promoting cooperation and coordination between the countries of Latin America and the Caribbean. It was established in 1973 and has 27 member countries.<\/p>\n

About the International Renewable Energy Agency (IRENA)<\/strong><\/p>\n

IRENA is the lead intergovernmental agency for the energy transformation that supports countries in their transition to a sustainable energy future, and serves as the principal platform for international cooperation, a centre of excellence, and a repository of policy, technology, resource and financial knowledge on renewable energy. With 161 Members (160 States and the European Union) and 22 additional countries in the accession process and actively engaged, IRENA promotes the widespread adoption and sustainable use of all forms of renewable energy in the pursuit of sustainable development, energy access, energy security and low-carbon economic growth and prosperity.<\/p>\n

\u00a0<\/strong><\/p>\n

Contact information:<\/strong><\/p>\n

OLACDE: Gabriela Jarr\u00edn, Communication and Institutional Relations Advisor, gabriela.jarrin@OLACDE.org<\/a>,<\/p>\n

+593 (2) 259 81 22. Stay in touch with OLACDE at http:\/\/www.OLACDE.org\/, https:\/\/twitter.com\/OLACDEORG , www.facebook.com\/OLACDE.ORG\/ and Linkedin OLACDE Organizaci\u00f3n Latinoamericana y Caribe\u00f1a de Energ\u00eda.<\/p>\n

IRENA: Damian Brandy, Communication Officer, dbrandy@irena.org<\/a>, +971 (0) 2 417 9016. Stay in touch with IRENA at www.twitter.com\/irena<\/a>, www.facebook.com\/irena.org<\/a> and www.linkedin.com\/company\/irena<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Accelerating renewables could bring 3 million jobs to Latin America as region battles COVID-19 \u00a0 Abu Dhabi, United Arab Emirates: July 8th, 2020 \u2014 The International Renewable Energy Agency (IRENA) and The Latin American and Caribbean Energy Organization (OLACDE) will boost ties to put the renewables driven energy transformation at the heart of Latin America […]<\/p>\n","protected":false},"author":3,"featured_media":13007,"menu_order":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[26],"tags":[],"class_list":["post-13008","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"\n8 JUL 2020 OLACDE and IRENA Put Renewables at Heart of Post-Pandemic Economic Recovery in Latin America and the Caribbean - OLACDE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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