Energy transition agreement with Germany

Regulation & Policy, Renewables    Nov 11, 2021 4:58 PM

The Ministry of Mines and Energy (MinEnergia), the German Energy Agency and the Colombian-German Chamber of Commerce signed an agreement of interest.

The goal is to continue boosting the country’s Energy Transition, through support for the creation of a Regional Center for Training and Education in Renewable Energies, MinEnergia said.

“The world recognizes the efforts of Colombia’s Energy Transition, which is a key tool to advance the fight against climate change and will be the legacy for the present and future of Colombia,” MinEnergia Diego Mesa said.

The expert said that this agreement will continue expanding the installed capacity of renewable energy sources in Colombia.

The training center seeks to promote and maintain an active collaboration between the two countries, including the private sector and academic entities, leveraging Germany’s technological leadership.

Germany acknowledged the progress made by Colombia in terms of transition and its commitments aimed at decarbonization and reduction of CO2 emissions, while reiterating its support for the various processes that the country is developing.

The Minister acknowledged the efforts of the Ministry of Foreign Affairs through the Colombian Embassy in Germany for the realization of this strategic alliance between the two countries.

Bottom-Line: International cooperation will be fundamental to work and advance rapidly in the energy transition.

Colombia could ask for help in streamlining regulatory processes such as environmental licensing.

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