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Energy transition in Latin America: an engine for economic growth and development?

Year: 2025

Type: article

Abstract: The global energy transition must balance decarbonisation with equity, especially in fossil fuel-dependent regions like Latin America. This study analyses six Latin American economies (1990–2020) to assess whether renewable energy adoption drives economic growth and development. Using national energy balances and Granger causality tests, we find renewables boost GDP and reduce CO2 emissions but show weak links to social equity. Policy tailored to national contexts is critical for a just transition.

Source: Environmental Research Energy

DOI: 10.1088/2753-3751/ae16a9

Authors: Ibáñez Martín María María, Poggiese Milena

Institutions: Consejo Nacional de Investigaciones Científicas y Técnicas, Centro Científico Tecnológico - Bahía Blanca, Instituto de Investigaciones Económicas y Sociales del Sur, Universidad Nacional del Sur

Language: English

Topic: Energy, Environment, Economic Growth

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Affordable and clean energy, Reduced inequalities, Climate action, Decent work and economic growth, Industry, innovation and infrastructure

Open Access status: gold

Estimated APC paid: $2,515