LAC SE4ALL: Latin America and the Caribbean Sustainable Energy for All Initiative
The purpose of the LAC SE4ALL initiative is to extinguish energy poverty in the region, in coordination with the United Nations (UN) SE4All global initiative.
| Provide UNIVERSAL ACCESS to modern energy |
Approximately 34 million people in the LAC region live without access to electricity and nearly 85 million live without regular access to clean modern cooking fuels. Although this represents a minority portion of the population in our region, 6% and 15% of the LAC population respectively, all should have access to a better quality of life with affordable, clean modern energy
Double RENEWABLE ENERGY use
Countries that are dependent on fossil fuels are hurt by volatile and often high fuel prices, and even more so if they must stay within a limited budget. Increasing renewable energy use is a strategic investment to improve a country’s economy
Double ENERGY EFFICIENCY implementation
As LAC economies expand fast into the 21st century, the region will continue to increase in energy demand. In this scenario energy efficiency measures will save large amounts of funds with huge positive impacts.
The IDB launched the LAC Sustainable Energy for All initiative (LAC SE4ALL) in 2011 and is supporting the UN’s global initiative by funding work in the region to support the SE4ALL goals, through the energy access network, the technical assistance facility and the regional platform.
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