December 15, 2022
Enel Foundation is proud to have joined and started cooperation with RELAC, "Renewables in Latin America and the Caribbean", as Partner Agency. Launched at the end of 2019 within the framework of the United Nations Climate Action Summit, RELAC is a multilateral initiative to put renewables at the heart of the region’s efforts to boost economic development and reduce greenhouse gas emissions. It includes 16 member countries that aim to achieve at least 70% share of renewables in the region's electricity matrix by 2030, and represent the first ever attempt of Latin American and Caribbean governments to voluntarily agree to concretely promote renewables monitoring schemes an operating structure designed to support countries in the process.
The Inter-American Development Bank (IDB) is the Leader of the Technical Secretariat, with OLADE as Monitoring Leader, and other institutions such as IRENA, IEA, GIZ, JICA, WWF and GEAPP as Partner Agencies.
Enel Foundation will serve as knowledge platform for RELAC members, supporting with researches and training their effort in designing energy transition scenarios and defining enabling policy and regulation pathways.
“The participation of the ENEL Foundation in RELAC highlights the importance of public-private collaboration to speed up the energy transition in Latin America and the Caribbean to achieve an inclusive and sustainable growth” says Benigno López, Vice-president for Sectors and Knowledge at the Inter-American Development Bank, the Technical Secretariat for the initiative.
“The incorporation of the Enel Foundation will allow RELAC members to take advantage of all of EF's experience in the design of prospective energy scenarios, as well as access specific training opportunities on energy sustainability issues. All these activities will be aimed at helping countries meet their energy-climate goals”, highlights Alfonso Blanco, Executive Director of OLADE.
“It is an honor and a privilege to be invited to join RELAC. We are proud to serve all members supporting their journey towards a sustainable electrification for all”, adds Carlo Papa, Managing Director of Enel Foundation