COINFRA Advances Debate on Financing the Energy Transition
Meeting highlights public-private cooperation as a key driver of sustainable development in Latin America and the Caribbean
By Secom / Serint
On August 14, the Commission on Infrastructure and Energy Transitions (COINFRA) moved forward with its strategic agenda by holding the third technical meeting of its task forces. Led by the Brazilian Federal Court of Accounts (TCU), the session focused on "Financing the Energy Transition", a key issue for promoting sustainable and resilient development in Latin America and the Caribbean.
At the opening, Alexandre Figueiredo, Chair of COINFRA, emphasized that financing the energy transition goes far beyond infrastructure investment. It requires a comprehensive transformation of the economy toward a greener and more sustainable model. He noted that the national audit conducted by the TCU in 2024 provided the foundation for the Energy Transition Practical Guide for Supreme Audit Institutions (SAIs), which identified strengths, weaknesses, and barriers in financing systems, while offering the region a broader and more effective approach.
The SAIs of Peru (Task Force 3 leader) and El Salvador shared their experiences in overseeing the energy transition, highlighting the strengths of the Guide's methodology and contributing for its improvement.
Strategic vision: public-private cooperation as a driver of investment
The international perspective was presented by Dr. Alessandra Amaral, Executive Director of the Association of Latin American Electricity Distributors (Adelat). She stressed that public-private cooperation is essential for the energy transition, given the scale of investment required. According to her, regulators and distributors must work together to innovate, adapt cost models, and overcome barriers.
The discussion on mobilizing capital for the energy transition reflects the evolution of COINFRA and of the SAIs within the Organization of Latin American and Caribbean Supreme Audit Institutions (OLACEFS). By incorporating the financial dimension into its agenda, the Commission demonstrates its ability to address complex challenges and consolidates its role as a strategic platform for advancing the energy transition in the region.
