www.weforum.org Open in urlscan Pro
88.221.62.60  Public Scan

Submitted URL: https://ow.ly/XS9M50Qb40W
Effective URL: https://www.weforum.org/agenda/2023/11/latam-and-caribbean-energy-potential-plus-other-top-energy-stories/?utm_source=li...
Submission: On November 28 via manual from US — Scanned from DE

Form analysis 6 forms found in the DOM

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Text Content

Powered by Cookiebot
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 * Details
 * [#IABV2SETTINGS#]
 * About


THIS WEBSITE USES COOKIES

The World Economic Forum uses necessary cookies to make our site work. We would
also like to set optional "marketing" cookies to personalise content and ads and
“performance” cookies to improve the website. 
Consent Selection
Necessary

Preferences

Performance

Marketing

Show details
 * Necessary 57
   
   Necessary cookies help make a website usable by enabling basic functions like
   page navigation and access to secure areas of the website. The website cannot
   function properly without these cookies.
    * Dailymotion
      1
      Learn more about this provider
      usprivacyDetects whether the user has checked the Do Not Sell My Personal
      Information-button on the website. This feature is a part of the CCPA.
      Expiry: SessionType: HTTP
    * Kaltura
      1
      Learn more about this provider
      object(quot;#-#-#T#:#:#.#Zquot;)Holds the users timezone.
      Expiry: PersistentType: HTML
    * LinkedIn
      2
      Learn more about this provider
      li_gcStores the user's cookie consent state for the current domain
      Expiry: 180 daysType: HTTP
      bscookieThis cookie is used to identify the visitor through an
      application. This allows the visitor to login to a website through their
      LinkedIn application for example.
      Expiry: 1 yearType: HTTP
    * Loginradius
      3
      Learn more about this provider
      _GRECAPTCHAThis cookie is used to distinguish between humans and bots.
      This is beneficial for the website, in order to make valid reports on the
      use of their website.
      Expiry: 180 daysType: HTTP
      rc::bThis cookie is used to distinguish between humans and bots.
      Expiry: SessionType: HTML
      rc::d-15#This cookie is used to distinguish between humans and bots.
      Expiry: PersistentType: HTML
    * NASA
      1
      Learn more about this provider
      cookietestThis cookie is used to determine if the visitor has accepted the
      cookie consent box.
      Expiry: SessionType: HTTP
    * OneTrust
      1
      Learn more about this provider
      OptanonConsentDetermines whether the visitor has accepted the cookie
      consent box. This ensures that the cookie consent box will not be
      presented again upon re-entry.
      Expiry: 1 yearType: HTTP
    * Parse.ly
      1
      Learn more about this provider
      cookies.js_dtestThis cookie determines whether the browser accepts
      cookies.
      Expiry: SessionType: HTTP
    * VWO
      7
      Learn more about this provider
      t.gifEnsures that product pictures are presented correctly on website.
      Expiry: SessionType: Pixel
      _vwo_uuid_v2 [x5]This cookie is set to make split-tests on the website,
      which optimizes the website's relevance towards the visitor – the cookie
      can also be set to improve the visitor's experience on a website.
      Expiry: 1 yearType: HTTP
      nlsgd#Pending
      Expiry: SessionType: HTTP
    * World Economic Forum
      18
      Learn more about this provider
      tsThis cookie is necessary for the PayPal login-function on the website.
      Expiry: 13 monthsType: HTTP
      v1stPending
      Expiry: 13 monthsType: HTTP
      test_cookieUsed to check if the user's browser supports cookies.
      Expiry: 1 dayType: HTTP
      rc::aThis cookie is used to distinguish between humans and bots. This is
      beneficial for the website, in order to make valid reports on the use of
      their website.
      Expiry: PersistentType: HTML
      rc::cThis cookie is used to distinguish between humans and bots.
      Expiry: SessionType: HTML
      _abckUsed to detect and defend against replay-cookie-attacks – The cookie
      is necessary for the security and integrity of the website.
      Expiry: 1 yearType: HTTP
      ak_bmscThis cookie is used to distinguish between humans and bots. This is
      beneficial for the website, in order to make valid reports on the use of
      their website.
      Expiry: 1 dayType: HTTP
      bm_szUsed in context with the website's BotManager. The BotManager
      detects, categorizes and compiles reports on potential bots trying to
      access the website.
      Expiry: 1 dayType: HTTP
      __Host-next-auth.csrf-tokenEnsures visitor browsing-security by preventing
      cross-site request forgery. This cookie is essential for the security of
      the website and visitor.
      Expiry: SessionType: HTTP
      __Secure-next-auth.callback-urlUsed in order to detect spam and improve
      the website's security.
      Expiry: SessionType: HTTP
      connect.sidThe cookie is necessary for secure log-in and the detection of
      any spam or abuse of the website.
      Expiry: SessionType: HTTP
      nextauth.messagePreserves users states across page requests.
      Expiry: PersistentType: HTML
      SessionSets a unique ID for the session. This allows the website to obtain
      data on visitor behaviour for statistical purposes.
      Expiry: PersistentType: HTML
      fdisIdentifies the logged in user. A unique session ID is linked to the
      user so that they are identified while navigating the website. The user is
      logged out when the session expires.
      Expiry: SessionType: HTTP
      followTopicUsed to set topic preferences for unauthenticated visitors
      prior to authentication
      Expiry: 1 dayType: HTTP
      redirect_pathUserd to handle internal page redirects
      Expiry: SessionType: HTTP
      refresh_token_prodA token used to refresh a user's authenticated session
      upon access_token expriry
      Expiry: 30 daysType: HTTP
      STICKYUsed to distribute traffic to the website on several servers in
      order to optimise response times.
      Expiry: SessionType: HTTP
    * adsensecustomsearchads.com
      jp.weforum.org
      google.com
      
      3
      CONSENT [x3]Used to detect if the visitor has accepted the marketing
      category in the cookie banner. This cookie is necessary for
      GDPR-compliance of the website.
      Expiry: 2 yearsType: HTTP
    * assets.weforum.org
      consent.cookiebot.com
      
      9
      CookieConsent [x9]Stores the user's cookie consent state for the current
      domain
      Expiry: 1 yearType: HTTP
    * fonts.net
      livestream.com
      onesignal.com
      vimeo.com
      
      4
      __cf_bm [x4]This cookie is used to distinguish between humans and bots.
      This is beneficial for the website, in order to make valid reports on the
      use of their website.
      Expiry: 1 dayType: HTTP
    * nr-data.net
      www.linkedin.com
      
      2
      JSESSIONID [x2]Preserves users states across page requests.
      Expiry: SessionType: HTTP
    * tag.aticdn.net
      3
      _cookie_test [x3]This cookie determines whether the browser accepts
      cookies.
      Expiry: 1 dayType: HTTP
    * widget.sndcdn.com
      1
      sc_anonymous_idUsed in context with the 3D-view-function on the website.
      Expiry: 10 yearsType: HTTP

 * Preferences 28
   
   Preference cookies enable a website to remember information that changes the
   way the website behaves or looks, like your preferred language or the region
   that you are in.
    * Alibaba.com
      2
      Learn more about this provider
      l [x2]The cookie determines the preferred language and country-setting of
      the visitor - This allows the website to show content most relevant to
      that region and language.
      Expiry: 180 daysType: HTTP
    * LinkedIn
      3
      Learn more about this provider
      langNecessary for maintaining language-settings across subpages on the
      website.
      Expiry: SessionType: HTTP
      lidcRegisters which server-cluster is serving the visitor. This is used in
      context with load balancing, in order to optimize user experience.
      Expiry: 1 dayType: HTTP
      li_alertsUsed to determine when and where certain pop-ups on the website
      should be presented for the user and remember whether the user has closed
      these, to keep them from showing multiple times.
      Expiry: 1 yearType: HTTP
    * Tableau
      2
      Learn more about this provider
      tableau_localeThe cookie determines the preferred language and
      country-setting of the visitor - This allows the website to show content
      most relevant to that region and language.
      Expiry: SessionType: HTTP
      tableau_public_negotiated_localeUsed in context with the language setting
      on the website. Facilitates the translation into the preferred language of
      the visitor.
      Expiry: SessionType: HTTP
    * Vimeo
      1
      Learn more about this provider
      playerSaves the user's preferences when playing embedded videos from
      Vimeo.
      Expiry: 1 yearType: HTTP
    * World Economic Forum
      20
      Learn more about this provider
      jwplayerLocalIdUsed to determine the optimal video quality based on the
      visitor's device and network settings.
      Expiry: PersistentType: HTML
      app.lastEventUuidCaptures state of last user event on the app too ensure
      user flow states are maintained
      Expiry: PersistentType: HTML
      app.redux.localFeatureFlagsSets locale as per user preference on the
      browser
      Expiry: PersistentType: HTML
      app.redux.rememberedUserMaintains user state while using Sli.do app on the
      website
      Expiry: PersistentType: HTML
      app.redux.uiNewQuestions.readQuestionsIdsEnables capture of new questions
      from users
      Expiry: PersistentType: HTML
      i18next.translate.booUsed in context with the language setting on the
      website. Facilitates the translation into the preferred language of the
      visitor.
      Expiry: SessionType: HTML
      i18nextLngDetermines the preferred language of the visitor. Allows the
      website to set the preferred language upon the visitor's re-entry.
      Expiry: PersistentType: HTML
      AcastLangThis cookie is used to determine the preferred language of the
      visitor and sets the language accordingly on the website, if possible.
      Expiry: PersistentType: HTML
      yt/youkuplayer.fdl.playerckeyThis cookie is used in conjunction with the
      video player. The cookie remembers if the user has muted the volume and
      keeps this setting on other video content watched by the visitor.
      Expiry: SessionType: Pixel
      yt/youkuplayer.fdl.ykplayer_processThis cookie is used in conjunction with
      the video player. The cookie remembers if the user has muted the volume
      and keeps this setting on other video content watched by the visitor.
      Expiry: SessionType: Pixel
      inlined_view_idThis cookie is used in conjunction with the video player.
      The cookie remembers if the user has muted the volume and keeps this
      setting on other video content watched by the visitor.
      Expiry: PersistentType: HTML
      sync_activeContains data on visitor's video-content preferences - This
      allows the website to remember parameters such as preferred volume or
      video quality. The service is provided by Vimeo.com.
      Expiry: PersistentType: HTML
      dismissedCtaBannerUsed to determine whether a visitor has dismissed a call
      to action
      Expiry: 1 dayType: HTTP
      dismissedNavPromoUsed to determine whether a visitor has dismissed a call
      to action
      Expiry: 1 dayType: HTTP
      ONE_SIGNAL_SDK_DB#IdsDetects whether the user should be presented with a
      notification-bar upon entry on the website.
      Expiry: PersistentType: IDB
      ONE_SIGNAL_SDK_DB#NotificationClickedUsed by the website to determine
      which support notifications the user has been shown.
      Expiry: PersistentType: IDB
      ONE_SIGNAL_SDK_DB#NotificationOpenedContains the widget state on whether
      it has been minimized or opened for internal statistics.
      Expiry: PersistentType: IDB
      ONE_SIGNAL_SDK_DB#NotificationReceivedUsed by the website to determine
      which support notifications the user has been shown.
      Expiry: PersistentType: IDB
      ONE_SIGNAL_SDK_DB#SessionsUsed to maintain visitors' preferences
      throughout the visit and sub-pages.
      Expiry: PersistentType: IDB
      __sakUsed to save information about the visitor's video settings.
      Expiry: SessionType: HTML

 * Performance 171
   
   Performance cookies help website owners to understand how visitors interact
   with websites by collecting and reporting information anonymously.
    * Google
      89
      Learn more about this provider
      __utma [x3]Collects data on the number of times a user has visited the
      website as well as dates for the first and most recent visit. Used by
      Google Analytics.
      Expiry: 2 yearsType: HTTP
      __utmb [x3]Registers a timestamp with the exact time of when the user
      accessed the website. Used by Google Analytics to calculate the duration
      of a website visit.
      Expiry: 1 dayType: HTTP
      __utmc [x3]Registers a timestamp with the exact time of when the user
      leaves the website. Used by Google Analytics to calculate the duration of
      a website visit.
      Expiry: SessionType: HTTP
      __utmv [x3]Saves user-defined tracking parameters for use in Google
      Analytics.
      Expiry: SessionType: HTTP
      __utmz [x3]Collects data on where the user came from, what search engine
      was used, what link was clicked and what search term was used. Used by
      Google Analytics.
      Expiry: 6 monthsType: HTTP
      _ga [x24]Registers a unique ID that is used to generate statistical data
      on how the visitor uses the website.
      Expiry: 2 yearsType: HTTP
      _ga_# [x18]Used by Google Analytics to collect data on the number of times
      a user has visited the website as well as dates for the first and most
      recent visit.
      Expiry: 2 yearsType: HTTP
      _gid [x20]Registers a unique ID that is used to generate statistical data
      on how the visitor uses the website.
      Expiry: 1 dayType: HTTP
      _gat [x7]Used by Google Analytics to throttle request rate
      Expiry: 1 dayType: HTTP
      collectUsed to send data to Google Analytics about the visitor's device
      and behavior. Tracks the visitor across devices and marketing channels.
      Expiry: SessionType: Pixel
      __utmt [x2]Used to throttle the speed of requests to the server.
      Expiry: 1 dayType: HTTP
      __gsasUsed by Google AdSense for experimenting with advertisement
      efficiency across websites using their services.
      Expiry: 1 yearType: HTTP
      tdRegisters statistical data on users' behaviour on the website. Used for
      internal analytics by the website operator.
      Expiry: SessionType: Pixel
    * LinkedIn
      1
      Learn more about this provider
      AnalyticsSyncHistoryUsed in connection with data-synchronization with
      third-party analysis service.
      Expiry: 30 daysType: HTTP
    * Parse.ly
      3
      Learn more about this provider
      _parsely_sessionThis cookie is used to collect data on visitor behavior on
      the website.
      Expiry: 1 dayType: HTTP
      _parsely_visitorThis cookie is used to determine if the visitor has
      visited the website before, or if it is a new visitor on the website.
      Expiry: 13 monthsType: HTTP
      parsely_uuidRegisters statistical data on users' behaviour on the website.
      Used for internal analytics by the website operator.
      Expiry: SessionType: HTTP
    * Quantcast
      3
      Learn more about this provider
      __qcaCollects data on the user's visits to the website, such as the number
      of visits, average time spent on the website and what pages have been
      loaded with the purpose of generating reports for optimising the website
      content.
      Expiry: 1 yearType: HTTP
      _dlt [x2]Sets a unique ID for the session. This allows the website to
      obtain data on visitor behaviour for statistical purposes.
      Expiry: 1 dayType: HTTP
    * Sli.do
      4
      Learn more about this provider
      _persistenceTest [x2]Pending
      Expiry: 1 yearType: HTTP
      Slido.EventAuthTokens [x2]Pending
      Expiry: 1 yearType: HTTP
    * Taobao.com
      2
      Learn more about this provider
      x5secdataRegisters statistical data on users' behaviour on the website.
      Used for internal analytics by the website operator.
      Expiry: 1 dayType: HTTP
      xlly_sCollects data on visitor interaction with the website's
      video-content. This data is used to make the website's video-content more
      relevant towards the visitor.
      Expiry: 3 daysType: HTTP
    * VWO
      11
      Learn more about this provider
      analyzeThis cookie is used by the website’s operator in context with
      multi-variate testing. This is a tool used to combine or change content on
      the website. This allows the website to find the best variation/edition of
      the site.
      Expiry: SessionType: Pixel
      l.gifThis cookie is used by the website’s operator in context with
      multi-variate testing. This is a tool used to combine or change content on
      the website. This allows the website to find the best variation/edition of
      the site.
      Expiry: SessionType: Pixel
      v.gifThis cookie is set to make split-tests on the website, which
      optimizes the website's relevance towards the visitor – the cookie can
      also be set to improve the visitor's experience on a website.
      Expiry: SessionType: Pixel
      vwoSnThis cookie is set to make split-tests on the website, which
      optimizes the website's relevance towards the visitor – the cookie can
      also be set to improve the visitor's experience on a website.
      Expiry: PersistentType: HTML
      _vis_opt_exp_#_combiUsed by Visual Website Optimizer to ensure that the
      same user interface variant is displayed for each visit, if the user is
      participating in a design experiment.
      Expiry: 100 daysType: HTTP
      _vis_opt_sUsed by Visual Website Optimizer to determine if the visitor is
      participating in a design experiment.
      Expiry: 100 daysType: HTTP
      _vis_opt_test_cookieUsed to check if the user's browser supports cookies.
      Expiry: SessionType: HTTP
      _vwo_dsCollects data on the user's visits to the website, such as the
      number of visits, average time spent on the website and what pages have
      been loaded with the purpose of generating reports for optimising the
      website content.
      Expiry: 2 monthsType: HTTP
      _vwo_referrerRegisters data on visitors' website-behaviour. This is used
      for internal analysis and website optimization.
      Expiry: SessionType: HTTP
      _vwo_snCollects statistics on the visitor's visits to the website, such as
      the number of visits, average time spent on the website and what pages
      have been read.
      Expiry: 1 dayType: HTTP
      _vwo_uuidUsed by Visual Website Optimizer to ensure that the same user
      interface variant is displayed for each visit, if the user is
      participating in a design experiment.
      Expiry: 10 yearsType: HTTP
    * World Economic Forum
      10
      Learn more about this provider
      APLUS_CNARegisters statistical data on users' behaviour on the website.
      Used for internal analytics by the website operator.
      Expiry: PersistentType: HTML
      dmvkRegisters statistical data on users' behaviour on the website. Used
      for internal analytics by the website operator.
      Expiry: SessionType: HTTP
      sentryReplaySessionRegisters data on visitors' website-behaviour. This is
      used for internal analysis and website optimization.
      Expiry: SessionType: HTML
      APLUS_LS_KEYRegisters statistical data on users' behaviour on the website.
      Used for internal analytics by the website operator.
      Expiry: PersistentType: HTML
      createDateContains the expiry date for other cookies.
      Expiry: SessionType: HTML
      __utm.gifGoogle Analytics Tracking Code that logs details about the
      visitor's browser and computer.
      Expiry: SessionType: Pixel
      NRBA_SESSIONCollects data on the user’s navigation and behavior on the
      website. This is used to compile statistical reports and heatmaps for the
      website owner.
      Expiry: PersistentType: HTML
      __qcaCollects data on the user's visits to the website, such as the number
      of visits, average time spent on the website and what pages have been
      loaded with the purpose of generating reports for optimising the website
      content.
      Expiry: PersistentType: HTML
      qcSesCollects data on the user's visits to the website, such as the number
      of visits, average time spent on the website and what pages have been
      loaded with the purpose of generating reports for optimising the website
      content.
      Expiry: SessionType: HTML
      number(#)Used to track user’s interaction with embedded content.
      Expiry: SessionType: HTML
    * livestream.com
      f.vimeocdn.com
      
      2
      vuid [x2]Collects data on visitor interaction with the website's
      video-content. This data is used to make the website's video-content more
      relevant towards the visitor.
      Expiry: 2 yearsType: HTTP
    * public.powrcdn.com
      3
      ahoy_unique_#Registers statistical data on users' behaviour on the
      website. Used for internal analytics by the website operator.
      Expiry: 1 dayType: HTTP
      ahoy_visitRegisters statistical data on users' behaviour on the website.
      Used for internal analytics by the website operator.
      Expiry: 1 dayType: HTTP
      ahoy_visitorRegisters statistical data on users' behaviour on the website.
      Used for internal analytics by the website operator.
      Expiry: 2 yearsType: HTTP
    * static.chartbeat.com
      37
      _cb [x6]Collects data such as visitors' IP address, geographical location
      and website navigation - This information is used for internal
      optimization and statistics for the website's operator.
      Expiry: SessionType: HTTP
      _chartbeat2 [x6]Collects data on the user's visits to the website, such as
      which pages have been read.
      Expiry: SessionType: HTTP
      _chartbeat4 [x21]Collects data on the user's visits to the website, such
      as which pages have been read.
      Expiry: SessionType: HTTP
      _cbCollects data such as visitors' IP address, geographical location and
      website navigation - This information is used for internal optimization
      and statistics for the website's operator.
      Expiry: PersistentType: HTML
      _cb_expiresThis cookie is used in context with HTML local storage, this
      sets an expiry date/time for the _cb tracker, which makes it function like
      a cookie.
      Expiry: PersistentType: HTML
      _cbtCollects data such as visitors' IP address, geographical location and
      website navigation - This information is used for internal optimization
      and statistics for the website's operator.
      Expiry: SessionType: HTTP
      _v__cb_cpCollects data such as visitors' IP address, geographical location
      and website navigation - This information is used for internal
      optimization and statistics for the website's operator.
      Expiry: 1 dayType: HTTP
    * tag.aticdn.net
      2
      atuseridRegisters statistical data on users' behaviour on the website.
      Used for internal analytics by the website operator.
      Expiry: SessionType: HTTP
      pa_userRegisters statistical data on users' behaviour on the website. Used
      for internal analytics by the website operator.
      Expiry: SessionType: HTTP
    * www.weforum.org
      static.chartbeat.com
      
      4
      _cb_svref [x2]Collects data such as visitors' IP address, geographical
      location and website navigation - This information is used for internal
      optimization and statistics for the website's operator.
      Expiry: PersistentType: HTML
      _cb_svref_expires [x2]This cookie is used in context with HTML local
      storage, this sets an expiry date/time for the _cb_sverf, which makes it
      function like a cookie.
      Expiry: PersistentType: HTML

 * Marketing 104
   
   Marketing cookies are used to track visitors across websites. The intention
   is to display ads that are relevant and engaging for the individual user and
   thereby more valuable for publishers and third party advertisers.
    * Alibaba.com
      4
      Learn more about this provider
      atpsidaRegisters a unique ID that identifies the user's device during
      return visits. Used for conversion tracking and to measure the efficacy of
      online ads.
      Expiry: SessionType: HTTP
      tfstk [x2]Necessary for the implementation of video-content on the
      website.
      Expiry: 180 daysType: HTTP
      isgSets a unique ID for the visitor, that allows third party advertisers
      to target the visitor with relevant advertisement. This pairing service is
      provided by third party advertisement hubs, which facilitates real-time
      bidding for advertisers.
      Expiry: 180 daysType: HTTP
    * Baidu
      4
      Learn more about this provider
      HMACCOUNT_BFESSUsed to send data to Baidu about the visitor's device and
      behavior. Tracks the visitor across devices and marketing channels.
      Expiry: 400 daysType: HTTP
      Hm_ck_#Used to send data to Baidu about the visitor's device and behavior.
      Tracks the visitor across devices and marketing channels.
      Expiry: SessionType: HTTP
      Hm_lpvt_#Used to send data to Baidu about the visitor's device and
      behavior. Tracks the visitor across devices and marketing channels.
      Expiry: SessionType: HTTP
      Hm_lvt_#Used to send data to Baidu about the visitor's device and
      behavior. Tracks the visitor across devices and marketing channels.
      Expiry: 1 yearType: HTTP
    * Chartbeat
      1
      Learn more about this provider
      pingCollects data such as visitors' IP address, geographical location and
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      Expiry: SessionType: Pixel
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      1
      Learn more about this provider
      _TEST_Collects data on visitor interaction with the website's
      video-content. This data is used to make the website's video-content more
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      Expiry: SessionType: HTTP
    * Google
      9
      Learn more about this provider
      _gcl_au [x3]Used by Google AdSense for experimenting with advertisement
      efficiency across websites using their services.
      Expiry: 3 monthsType: HTTP
      IDEUsed by Google DoubleClick to register and report the website user's
      actions after viewing or clicking one of the advertiser's ads with the
      purpose of measuring the efficacy of an ad and to present targeted ads to
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      Expiry: 1 yearType: HTTP
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      Expiry: 6 monthsType: HTTP
      GoogleAdServingTestUsed to register what ads have been displayed to the
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      Expiry: 1 dayType: HTTP
    * Iqiyi.com
      3
      Learn more about this provider
      Hm_lpvt_#Used to send data to Baidu about the visitor's device and
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      Expiry: SessionType: HTML
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      3
      Learn more about this provider
      bcookieUsed by the social networking service, LinkedIn, for tracking the
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      1
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      rc::fPending
      Expiry: PersistentType: HTML
    * Meta Platforms, Inc.
      1
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      dprPending
      Expiry: SessionType: HTTP
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      1
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      undefined(undefined)Pending
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      1
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      mcCollects data on the user's visits to the website, such as what pages
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      UIDCollects information of the user and his/her movement, such as
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      2
      Learn more about this provider
      sp_landingUsed to implement audio-content from Spotify on the website. Can
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      Expiry: 400 daysType: HTTP
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      Expiry: 400 daysType: HTTP
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      2
      Learn more about this provider
      guest_idCollects data related to the user's visits to the website, such as
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      Expiry: SessionType: HTML
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      Expiry: PersistentType: IDB
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      Expiry: SessionType: HTML
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      Expiry: SessionType: HTML
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      Expiry: PersistentType: IDB
      nWC1Uzs7EIPending
      Expiry: SessionType: HTML
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      Expiry: PersistentType: IDB
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      Expiry: 180 daysType: HTTP
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      Expiry: PersistentType: HTML
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      Expiry: PersistentType: HTML
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      Expiry: SessionType: HTML
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      Expiry: SessionType: HTML
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      Expiry: SessionType: HTML
    * YouTube
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      LAST_RESULT_ENTRY_KEYUsed to track user’s interaction with embedded
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      Expiry: SessionType: HTTP
      nextIdUsed to track user’s interaction with embedded content.
      Expiry: SessionType: HTTP
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      Expiry: SessionType: HTTP
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      Expiry: SessionType: HTTP
      TESTCOOKIESENABLEDUsed to track user’s interaction with embedded content.
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      Expiry: 180 daysType: HTTP
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      Expiry: SessionType: HTTP
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      Learn more about this provider
      __arpvid [x2]Part of a batch of cookies which serve to implement video
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      Expiry: SessionType: HTTP
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      Expiry: SessionType: HTTP
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      Expiry: 1 yearType: HTTP
    * mmstat.com
      youku.com
      
      2
      cna [x2]Presents the user with relevant content and advertisement. The
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      Expiry: 1 yearType: HTTP
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      11
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      Expiry: PersistentType: HTML
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      whether the user has visited the website before.
      Expiry: PersistentType: HTML
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      Expiry: PersistentType: HTML
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      1
      _pprvCollects data on user behaviour and interaction in order to optimize
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      Expiry: 13 monthsType: HTTP

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      Expiry: SessionType: HTTP
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      15
      Learn more about this provider
      QC005Pending
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 * Energy Transition
 * SDG 07: Affordable and Clean Energy


LATAM AND CARIBBEAN HAVE ‘REMARKABLE ENERGY POTENTIAL’, PLUS OTHER TOP ENERGY
STORIES

The latest developments in the global energy sector, from the Forum's Centre for
Energy & Materials.
Image: REUTERS/Jorge Silva

21 Nov 2023
 1. Roberto Bocca Head of the Centre for Energy and Materials, Member of the
    Executive Committee, World Economic Forum


 * This round-up brings you the latest developments in the global energy sector.
 * Top energy news: Latam and Caribbean have ‘remarkable energy potential’, IEA
   says; Over 60 countries support tripling renewable energy; Africa’s
   geothermal energy to exceed Europe’s by 2030.
 * For more on the World Economic Forum's work in the energy space, visit the
   Centre for Energy and Materials.


1. LATAM AND CARIBBEAN HAVE ‘REMARKABLE ENERGY POTENTIAL’: IEA

The International Energy Agency (IEA) has released its first specialist report
on Latin America and the Caribbean. The region is seen as vital to the energy
transition due to its abundant resources for renewable energy.

Around 60% of electricity in the region comes from renewables, which is double
the global average. Brazil, Mexico, Chile, and Argentina are major producers of
wind power, and the region is also making great progress with biofuels and
low-emissions hydrogen.



“Latin America and the Caribbean can play an outsize role in the new global
energy economy,” says IEA Executive Director Fatih Birol.

“With the incredible natural resources and a long-standing commitment to
renewables, countries in the region already have a head start on secure and
sustainable transitions to clean energy. Leaning into these transitions would
ignite growth in local economies – and put the world’s energy system on a surer
footing.”

Around 60% of electricity in Latin America and the Caribbean comes from
renewables.
Image: IEA


2. OVER 60 COUNTRIES SUPPORT TRIPLING RENEWABLE ENERGY BY 2030

More than 60 countries support a deal led by the EU, US and UAE to triple
renewable energy this decade and move away from coal. This effort is being
promoted ahead of the upcoming COP28 climate talks and will be proposed for
inclusion in the meeting's final outcome.



Several countries including Nigeria, South Africa, Vietnam, Australia, Japan,
Canada, Peru, Chile, Zambia, and Barbados have agreed to join a new pledge.

The pledge would also feature a commitment to doubling the rate of energy
efficiency improvements to 4% per year until 2030.

It would also include a promise to reduce the use of unabated coal power and an
end to the financing of new coal-fired power plants. Negotiations with China and
India to join the pledge are progressing, but no agreement has yet been reached.

Scientists emphasize that expanding clean energy and reducing CO2 emissions are
crucial in addressing climate change.


3. NEWS IN BRIEF: MORE ENERGY STORIES FROM AROUND THE WORLD

The geothermal sector in Africa is expected to receive $35 billion in
investments by 2050, highlighting the important role that geothermal energy will
play in meeting the continent's increasing energy needs. Africa's installed
geothermal capacity will exceed Europe's by the end of the decade, according to
Rystad Energy.



African women are breaking barriers in the traditionally male-dominated energy
sector. They are making significant contributions and leading positive change in
different aspects of the industry, writes Pumps Africa.

Burkina Faso ranks among the least electrified nations globally, with only 20%
of the population having electricity access, according to the International
Atomic Energy Agency. To remedy this, the country’s government has decided to
commission a nuclear power plant, writes DW, but some experts say solar would be
a better option.

Kenya could become a hub for carbon capture and storage, reports African
Business. Swiss company Climeworks is considering building a large-scale
facility in the country. Kenya’s East African Rift Valley has ideal conditions
for storing carbon, and the country’s geothermal resources provide renewable
power for direct air capture systems.

In Namibia, construction has started on Africa's first decarbonized iron plant,
which will be powered solely by green hydrogen. The steelmaking industry, known
for its high pollution levels, is aiming to transition away from using coal.

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There needs to be deeper political union in the EU when it comes to energy,
various industrial companies say. They are calling for harmonized tax incentives
and a common market to boost the bloc's industrial competitiveness and
facilitate a green transition, according to the Financial Times.

A miniature economy on a Mediterranean island is being powered solely by green
hydrogen, The Economist reports. The project in Mallorca shows what is possible
in the future, but it is facing some supply challenges.

Switching to sustainable heating could lead to fuel and cost savings, reduced
emissions and increased energy independence for Central Asia, according to The
Diplomat.

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Peru's government has introduced Plan Unidos to revive the economy, with a focus
on mining, energy, and oil and gas. The aim is to optimize environmental
requirements and consultation processes for exploration. For active mining, they
will improve safety regulations and concession granting to meet specific area or
sector needs, writes Mining.com.

The US government has put forward $7 billion to help establish a series of seven
hydrogen hubs across the country, says The New York Times.

Energy prices are not rising, despite the war taking place in the key
oil-producing region of the Middle East. International oil benchmark Brent crude
is actually lower now than before the fighting started. The New York Times
explores why.

WHAT'S THE WORLD ECONOMIC FORUM DOING ABOUT THE TRANSITION TO CLEAN ENERGY?

Moving to clean energy is key to combating climate change, yet in the past five
years, the energy transition has stagnated.

Energy consumption and production contribute to two-thirds of global emissions,
and 81% of the global energy system is still based on fossil fuels, the same
percentage as 30 years ago. Plus, improvements in the energy intensity of the
global economy (the amount of energy used per unit of economic activity) are
slowing. In 2018 energy intensity improved by 1.2%, the slowest rate since 2010.

Effective policies, private-sector action and public-private cooperation are
needed to create a more inclusive, sustainable, affordable and secure global
energy system.

Benchmarking progress is essential to a successful transition. The World
Economic Forum’s Energy Transition Index, which ranks 115 economies on how well
they balance energy security and access with environmental sustainability and
affordability, shows that the biggest challenge facing energy transition is the
lack of readiness among the world’s largest emitters, including US, China, India
and Russia. The 10 countries that score the highest in terms of readiness
account for only 2.6% of global annual emissions.



To future-proof the global energy system, the Forum’s Shaping the Future of
Energy and Materials Platform is working on initiatives including, Systemic
Efficiency, Innovation and Clean Energy and the Global Battery Alliance to
encourage and enable innovative energy investments, technologies and solutions.

Additionally, the Mission Possible Platform (MPP) is working to assemble public
and private partners to further the industry transition to set heavy industry
and mobility sectors on the pathway towards net-zero emissions. MPP is an
initiative created by the World Economic Forum and the Energy Transitions
Commission.

Is your organisation interested in working with the World Economic Forum? Find
out more here.

Show


4. MORE ON ENERGY FROM AGENDA

How green is your country? Is it embracing more sustainable ways of doing
things? If so, how does it compare to other nations around the world? Here are
the countries making the most progress in 2023.

Electric vehicle sales are surging, especially in Europe, where the market grew
by 62% in the past 12 months – so why is adoption still slow?

Brazil, the world’s 11th largest economy and home to over 200 million people,
has pledged to cut its emissions by 50% by 2030. Here's why Brazil is poised to
become a leader in sustainable aviation fuel.


To learn more about the work of the Centre for Energy and Materials, contact
Ella Yutong Lin: ellayutong.lin@weforum.org



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