At a time of rising geopolitical uncertainty and accelerating energy transitions, an extraordinary endowment of energy and mineral resources, as well as a history of clean energy leadership, positions Latin America and the Caribbean to play an increasingly influential role in the global energy sector, according to a new IEA special report.
The Latin America Energy Outlook is the IEA’s first in-depth and comprehensive analysis of the region, covering the full range of fuels and energy technologies across all 33 countries. The report finds that Latin America and the Caribbean’s wealth of resources and experience developing them – from high-quality renewables to oil and gas to critical minerals – could make major contributions to global energy security and clean energy transitions with the right packages of policies, on top of powering the region’s own transition and generating major benefits for local economies after a decade of sluggish growth. The special report draws on substantial input from government officials, experts and stakeholders across Latin America and the Caribbean, building on decades of IEA work on energy and climate issues with the region.
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