A decade ago, the Paris Agreement marked a global milestone by committing nearly 200 parties (195 countries and the European Union) to limit warming to below 2°C and strive to stay below 1.5°C above pre-industrial levels, establishing an international framework for climate mitigation, adaptation and finance.
In Latin America and the Caribbean, the energy transition is advancing at a steady pace, but not without contrasts, the region faces critical challenges such as insufficient financing, pressure on key ecosystems such as the Amazon (vital for carbon sequestration) and the socio-environmental conflicts that still exist in some energy projects. With COP30 in Belém (2025) as the next key instance, will governments be able to align their political and energy agendas with climate goals?