Post sponsored by

MIL OSI Translation. Region: Spanish / Latin America / UN –

Source: Republic of Colombia

Bogotá (Nov. 19/20). As a result of the LIV Board of Experts and L Meeting of Ministers of OLADE, the unanimous approval of a Decision in support of the renewable energy initiative of Latin America and the Caribbean – RELAC was achieved. The Decision on the RELAC initiative, proposed by Colombia together with Chile and Costa Rica, recognizes the regional contribution of the initiative in increasing the participation of renewable energies in the energy matrix of Latin America and the Caribbean, ratifies the support of the OLADE to the initiative and reiterates the agency’s willingness to continue with the implementation of actions aimed at assisting in the fulfillment of the stages foreseen in its roadmap.

The RELAC initiative has the common objective of accelerating the energy transition of the region with a view to reaching a regional goal of at least 70% of Renewable Energy participation in electricity generation capacity by 2030. Colombia, Chile and Costa Rica are countries co-leaders of the initiative, with the participation of 11 member countries at present. It has the support of the Inter-American Development Bank – IDB and OLADE, as leading organizations for the coordination and monitoring of the initiative, respectively; as well as the support of the International Renewable Energy Agency – IRENA and the organizations NREL, WWF and LEDS GP.

Colombia had an active participation in the OLADE Meetings, with a negotiating delegation made up of Directors from the Ministry of Energy, technical officials from the Ministry of Foreign Affairs-DIESA, and diplomats from our Embassy in Ecuador. At the Meetings, a presentation was also made on the priorities of the sector by the Vice Minister of Energy of Colombia, Miguel Lotero, in the Political Dialogue of the Meeting of Ministers, as well as important decisions on institutional issues and the Agency’s budget were approved. .

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and / or sentence structure not be perfect.

MIL Translation OSI