To meet global and regional climate commitments, it is essential to implement changes in domestic legal frameworks that can provide an efficient and effective response to our global challenges.
Regulation and legislation in Latin America are currently expanding and in need of modernization. The challenge of fulfilling these commitments within the established timelines—ultimately aimed at achieving the energy transition—makes it necessary for new legislation to be created or for existing laws to be updated. This legislative effort is crucial to ensure that all energy sectors have the appropriate tools to develop the industry and fulfill the much-needed agreed-upon transition.
