Welcome to “Energy for the Future,” the IDB Energy Division blog for sharing innovative ideas about energy in Latin America and the Caribbean. One of the most pressing issues of our time is how to provide sustainable and affordable energy options and invest in infrastructure that will maintain a high quality of life for future generations at the lowest cost.
The IDB Energy Division is guided by four main principles in its development work in the region:
- Access – To provide quality coverage that is reliable and affordable. In our region, 26 million people lack access to electricity and 68 million people lack access to modern cooking fuels.
- Sustainability – To promote energy efficiency, renewable energy, and climate change adaptation. Renewable hydroelectric sources represent 64% of the energy generated in Latin America and the Caribbean. However, large hydroelectric projects now face greater social and environmental scrutiny, which poses a challenge to the proper management of these projects.
- Energy security – To ensure service, quality, energy infrastructure, and regional energy integration. In Latin America and the Caribbean, energy losses nearly triple the OECD average.
- Energy governance – To develop and implement energy policies and plans, we need strengthened institutions and a stable energy sector operating within sound regulatory and legal frameworks.
This blog, guided by these pillars, will provide a platform for specialists working in energy access, renewable energy, energy efficiency and energy sector sustainability to share the knowledge they have gained from decades of work in the region. We hope that you will in the conversation and share your ideas with us.