A Collective Push for Regional Energy Transformation
At the COP30 summit in Brazil, Latin American governments, private investors, and multilateral institutions unveiled the Latin America Clean Energy Coalition (LACEC)—a regional platform designed to accelerate clean-energy deployment and corporate decarbonization. The coalition brings together countries including Brazil, Mexico, Colombia, Chile, and Argentina, with support from major regional development banks and private-sector leaders. LACEC’s launch signals a coordinated effort to mobilize private capital, promote policy alignment, and expand renewable infrastructure across a continent rich in solar, wind, hydro, and green hydrogen potential.
Private Investment at the Core of the Transition
Unlike traditional state-led energy initiatives, LACEC places the private sector at the center of the region’s energy transition. Its roadmap focuses on three strategic pillars: financing renewable infrastructure, supporting industrial electrification, and advancing corporate clean-energy procurement. Companies across manufacturing, mining, and logistics sectors have committed to sourcing at least 70% of their power from renewables by 2035, a target backed by the World Bank’s Climate Investment Funds and regional institutions. This marks a paradigm shift—from public programs to blended finance models that integrate innovation, competitiveness, and sustainability.
A Continental Alliance for the Green Economy
Beyond reducing emissions, the coalition aims to transform Latin America into a global hub for low-carbon industry and green technology exports. By connecting public policy, private investment, and regional grid interconnection, LACEC seeks to unlock economies of scale and foster regional integration in clean-energy markets. The initiative also emphasizes social inclusion and just-transition principles, ensuring that job creation and local benefits remain central to implementation. For Latin America, the coalition represents a turning point—an opportunity to lead the next phase of global decarbonization not as a follower, but as a unified, strategic actor in the clean-energy economy.