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Latin America Energy Outlook 2023
World Energy Outlook Special Report Latin America and the Caribbean is a region that stands out in the global energy sector. It boasts extraordinary natural resources – both fossil fuels and renewable energy – and a significant share of the world’s critical minerals. It also has a history of ambitious policy making in pursuit of stronger energy security and greater sustainability that has delivered one of the cleanest electricity mixes in the world. As the region emerges from a period of sluggish economic growth, countries in Latin America and the Caribbean now stand to leverage these resources to revitalise their economies…
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Clean Energy Transitions Programme 2023
…improve energy data collection and to develop capacity among policy makers in partner countries. It contributed to the Agency’s role as a key coordinator of the global energy dialogue, as reflected in the many outcomes and mandates that emerged from G20, G7 and the Association of Southeast Asian Nations (ASEAN) Ministerial meetings throughout the year. The programme also helped facilitate the IEA’s engagement with the Presidency of the 28th annual UN climate meeting (COP28) in Dubai and supported the Agency’s ambitious action plan that informed the main outcome of that summit: the first ever global agreement to…
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Boosting Efficiency in Latin America
Delivering affordability, security and jobs to advance people-centred energy transitions Countries around the world are facing an energy security and affordability crisis affecting households, businesses and public budgets. In Latin America, household expenditure on energy services is second only to food. On average, the share of household budget for energy ranges between 7% and 9% of income – and up to more than 24% for the poorest households. As governments urgently implement measures to protect citizens and secure their economies, it is important to consider short- and long- term solutions to ease existing pain and reduce risks over time. While…
