Decarbonization

IDB announces US$300 million loan to support Pará State’s goal of net-zero emissions by 2050

August 1, 2024

The Inter-American Development Bank has announced a US$300 million public policy-based loan (PBL) to support the Brazilian state of Pará’s initiative to cut greenhouse gas emissions. The program aims to help Pará achieve net-zero emissions by 2050 through public policy reforms. Source: BNAmericas

St. Kitts and Nevis launches ‘SKN-100’ project for rapid energy sector decarbonisation

July 19, 2024

St. Kitts and Nevis (SKN) has launched the ‘SKN-100’ project, funded by the Global Environment Facility (GEF), aimed at achieving 100% renewable electricity and high energy efficiency in public buildings within three years. Managed by the United Nations Environment Programme (UNEP) and executed by the Caribbean Centre for Renewable Energy and Energy Efficiency (CCREEE) in […]

AES plans to decarbonize its operations and add 2 GW of renewable energy in Latin America by 2024

April 27, 2023

AES is planning to eliminate coal from its portfolio and expand in generation and storage assets in Latin America. They plan to add 2 GW of renewable energy in Latin America by 2024. Source: Energia Estrategica

Río de Janeiro releases strategic plan for energy transition projects and decarbonization

March 17, 2023

The Brazilian State of Río de Janeiro released its strategic plan for energy transition and decarbonization projects. They have committed to the development of energy transition and decarbonization to promote the development in the region. Source: Estrategia

Chile seeks low-cost policy options to decarbonize its power sectors

June 15, 2022

Chile’s government promises to close all the coal-fired power plants in the region by 2025. They are also seeking additional low-cost policy options to decarbonize the power sectors. Source: Clean Energy News

Ecopetrol Commits USD 50 Million in Projects to Decarbonize its Activity

January 14, 2022

The Colombian gas company Ecopetrol released its investment plan for 2022. The company expects to invest more than USD 50 million in projects to decarbonize its activity, USD 200 million in water management projects, and USD 6 million in developing green and blue hydrogen pilots and projects to be applied at the refineries. Source: PR […]

Chile’s green lessons for emerging markets

July 5, 2021

According to the Editorial Board at the Financial Times, the dash for hydrogen shows that fossil fuels are not the only route to prosperity. They write, “there is, however, a notable exception to this climate-blind rush in Latin America towards hydrocarbons. Chile has put together one of the world’s most ambitious plans for renewable energy, […]

Colombia to launch road map to develop hydrogen as fuel

July 2, 2021

Colombia will launch plans in September to develop the production and use of hydrogen as a long-term clean energy source, the Minister of Mines and Energy said on Tuesday, while voicing hope this year’s oil and gas auction will be successful.   Source