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Saturday, 08/12/2023 10:05:23 AM

Saturday, August 12, 2023 10:05:23 AM

Post# of 49486
Like most developing countries, Colombia faces the difficult task of cutting emissions while simultaneously bringing about development. If it maintains its current growth trajectory, Colombia’s GDP is projected to triple by 2050. Yet to become a net-zero emitter by that same year, the country can increase its final energy demand by only 30%, according to estimates by the Regional Center for Energy Studies (CREE), an independent energy-policy think tank. This means the electricity sector will need to undergo a remarkable transformation in efficiency, striving to increase its low emissions generating capacity fivefold.