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The IMF warns that energy-importing Caribbean countries face balance of payments pressures due to rising oil and food prices; oil surpassed USD 100/barrel (+50% in one month), with additional risks for tourism- and remittance-dependent economies.
Kozack, J. ( 2026). International Monetary Fund.
International Monetary Fund 2026
Ship traffic through the Strait of Hormuz fell more than 95% (from over 100 vessels per day to fewer than 10), disrupting flows of oil, LNG and fertilizers essential for global agricultural production (UNCTAD, 2026).
UNCTAD. (2026). Actualización sobre el comercio mundial 2026: Principales tendencias que configuran el comercio internacional. Naciones Unidas.
Conferencia de las Naciones Unidas sobre Comercio y Desarrollo (2026)
LAC currently receives 3% of clean energy investments, well below its renewable potential (CAF, 2025).
CAF, 2025
CAF (2025). 11 grandes noticias de CAF en el marco de LA COP30 .
70% of the global solar and wind potential is concentrated in Latin America, despite attracting only a minimal fraction of investments (CAF, 2025).
CAF, 2025
CAF (2025). 11 grandes noticias de CAF en el marco de LA COP30 .
90% of ethanol production and use in the region comes from Brazil, which also accounts for 71% of production and 79% of biodiesel use (OECD and FAO, 2024).
(OCDE y FAO, 2024)
OECD/FAO (2024), OECD-FAO Agricultural Outlook 2024-2033, OECD Publishing, Paris/FAO, Rome, https://doi.org/10.1787/4c5d2cfb-en.
9.4% of the total area of the Amazon (797,824 km2) is composed of oil blocks, representing another important source of pressure on the ecosystem (Lesenfants et al., 2024).
Lesenfants et al., 2024
Lesenfants, Y., Mehl, A. V., Muggah, R., Aguirre, K., & Smith, P. (2024). Re-imagining bioeconomy for Amazonia. Inter-American Development Bank.
3% of the world's territory is occupied by cities, but they consume up to 80% of energy and generate 75% of carbon emissions (UN, 2023).
ONU, 2023
ONU (2023). Informe de los Objetivos de Desarrollo Sostenible 2023: Edición especial.
USD 500 billion was the public expenditure in 2022 to reduce energy bills, 70% represented by Europe (IAEA, 2022).
USD 500 mil millones fue el gasto público en 2022 para reducir las facturas de energía, 70% representado por Europa (IAEA, 2022)
IAEA, 2022. Fossil Fuels Consumption Subsidies 2022.
6% of El Salvador's GDP in 2021 corresponds to the import of fossil fuels for energy (IDB, 2024).
El 6% del PIB de El Salvador en 2021 corresponde a la importación de combustibles fósiles para energía (BID, 2024)
BID, 2024. Panorama de oportunidades. El Salvador,
60 billion dollars (1.3% of GDP) were spent by Latin American and Caribbean countries on fossil fuel subsidies in 2020 (IDB, 2023).
60.000 millones de dólares (1,3% del PIB) gastaron los países de América Latina y el Caribe, en subsidios a los combustibles fósiles en 2020. (BID, 2023)
BID( 2023) Con el calor y el agua al cuello: nueve caminos hacia un desarrollo resiliente al cambio climático. Washington DC