The less than 3 percent of Colombia’s population that lacks electricity lives mainly in areas of the country that have long been controlled by the FARC and other armed groups, such as Chocó in the Pacific, La Guajira on the Caribbean coast, and Putumayo in the Amazon. Not coincidentally, Colombians without access to electricity also have higher rates of poverty, fewer basic public services, and lower education levels than the rest of the country.
Financial risks to companies and investors associated with climate change will become more important in the coming years as countries look to decarbonize their economies.
The agreements of the 2030 Agenda for Sustainable Development and COP21 in Paris put Latin American governments in a crucial stage to take action by developing adequate policies to scale up investments in renewable energy and making alliances to receive capacity-building and technological support.
Electric vehicles are a critical part of a clean transport agenda, but strong policy incentives are needed to promote widespread EV adoption in Latin America.
The hydrocarbons sector is at a turning point. Low prices and uncertain projections, competition for market share, geopolitical dynamics, growing environmental and social concerns, and questions about the future of fossil fuel and renewable energy sources necessitate analysis and discussion about the present and future of the industry and the challenges…