Latin America faces a scenario of stark contradictions. While the region seeks to advance towards decarbonization, increase its resilience, and contribute to meeting the 1.5°C limit of the Paris Agreement, it is also consolidating itself as a new frontier for hydrocarbon expansion.
In an article published in Infobae, María del Pilar Bueno Rubial, executive director of Fundación Argentina 1.5, and María Noel Dussort, Coordinator of the Mitigation and Energy Transition Area of the Foundation, analyze these tensions and pose a central question: can Latin America build a regional position capable of collectively influencing the energy transition and the second Global Stocktake (GST2)?
The article begins with a reality shared by the region: Latin American countries have different agendas, capabilities, and strategic resources, but they face common challenges. The expansion of Vaca Muerta in Argentina, oil exploration projects in Brazil, the expansion of gas infrastructure in Mexico, and the debates on energy and climate policy in other countries show that the energy transition is far from a linear process.
Added to these tensions is a structural dimension: the need to reconcile energy sovereignty, economic development, energy security, climate finance and climate ambition in an increasingly complex geopolitical context.
Given this scenario, the article proposes five lines of action to strengthen a just energy transition in Latin America. We invite you to read it.
