Rio de Janeiro, November 29th-30th 2018
COP24 in Katowice, Poland, arrives among greater awareness of where the world stands on Climate Change. The IPCC (Intergovernmental Panel on Climate Change) released a collective report elaborated by 91 authors from 40 countries, and compiling evidence from more than 6,000 papers and addressing 42,001 comments from experts and governments. Based on their evidence they indicate that, in energy, renewables will need to supply 70% to 85% of power by 2050.
Eurelectric, the European association of electricity companies, also supports this view on its latest research detailing their roadmap for decarbonizing European economy by 2050. The study, which counts Enel Foundation as one of its contributors, delivers concrete data in the framework of UE’s 2050 Roadmap and places electrification as one of the pillars of the energy transition.
In this context, Enel Foundation and the Harvard Environmental Economics Program jointly continue to engage relevant stakeholders in high-level discussions and deliver important contributions to the international scientific debate.
A new high-level regional roundtable was held by HEEP and EF in Rio de Janeiro, on November 29-30, involving experts, and stakeholders to review current developments in energy and climate-change policy in Latin America and globally. This is the tenth event in a series of week-long workshops and regional roundtables events organized by the two organizations.
The Rio Roundtable follows up on a longer workshop held at Harvard Kennedy School in June 2018. Prof. Robert Stavins, HEEP coordinator, commented “at the tenth event co-sponsored by the Harvard Environmental Economics Program and the Enel Foundation – this time in Rio de Janeiro, Brazil – we were fortunate to bring together a set of industry leaders, policy makers, academic experts, and other key stakeholders to review and analyze developments in energy and climate change policy, with particular focus on Latin America”
The discussion covered topics such as the role of networks, renewables and innovation in the energy transition of Latin America countries and the importance of regional cooperation to coordinate national decarbonization plans and harmonize regulatory frameworks.
Speaking on the sidelines of the event, Giuseppe Montesano, Enel Foundation Deputy Director, commented, “The abundance and complementarity of renewable resources in Latin America, combined with dramatic cost reductions, and network developments and coordination offer huge opportunities for ambitious nationally determined contributions and higher share of more renewables to enhanced energy security, while ensuring resilience and cost reductions for the entire system.”