Latin American energy ministers commit to integration, energy efficiency

Ministers and energy
authorities from Latin America
and the Caribbean
Medellín, Colombia — (METERING.COM) — December 4, 2007 – Energy ministers and authorities from 21 countries in Latin America and the Caribbean have committed themselves to strengthening regional energy integration and developing energy efficiency across the region.

Meeting during the Latin American and Caribbean Energy Week in Medellín, Colombia last week, the ministers and energy authorities from Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Ecuador, El Salvador, Guatemala, Honduras, Jamaica, Mexico, Nicaragua, Panama, Paraguay, Peru, Republica Dominicana, Trinidad & Tobago, Uruguay and Venezuela concluded the Medellín Declaration on regional and subregional energy integration and its link with security of supply, energy efficiency and the environment.

The Declaration expresses the commitment of the signatories to strengthen the existing energy integration processes under way, building on the complementarities between countries and sub-regions, and to contribute to efforts to minimize the effects of climate change through the development of energy efficiency programs.

Consequently, there is an urgency to consolidate and institutionalize energy efficiency policies at national, subregional and regional levels in Latin America and the Caribbean for its favorable impact on security of supply, energy integration and the improvement of the finances of the sector.

There is also a need to implement policies that encourage rational and efficient use of energy by the citizens of the region, to enable them to make individual contributions to the care of the environment.

Strategic energy alliances should be established for the promotion of sustainable development and energy security and regional energy organizations should work with their international counterparts in the development and implementation of energy efficiency programs.

Finally there is a need to promote the harmonization of standards and regulatory and commercial aspects across the region.