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Regional event in the Dominican Republic focuses on energy transition

Punta Cana, Dominican Republic, Mar 14 (Prensa Latina) The Dominican Republic will host the 6th Ministerial Meeting of the Energy and Climate Alliance of the Americas, which will see the participation of sector CEOs from several countries in the region and delegates from international organizations.

The meeting will include Mark Phillips, Prime Minister of Guyana; Jordan Schwartz, executive vice president of the Inter-American Development Bank, Lilia Burunciuc, director of Operations for the Caribbean of the World Bank, and Roberto Álvarez, Foreign Minister of the Dominican Republic.

The event will be chaired by the Vice President of the Republic, Raquel Peña, who will be accompanied by the Minister of Energy and Mines, Antonio Almonte.

17 Energy ministries will also be represented, and members of the Energy and Water Unit of the Economic Commission for Latin America and the Latin American Energy Organization will participate in it.

Delegates from the United States, the Inter-American Development Bank, the International Atomic Energy Organization, and other cooperative and development organizations will speak on the need to promote the decarbonization process.

The event, which will last until Friday, is targeted to address issues regarding the energy transition to advance fair and inclusive policies, the paths for the decarbonization of heavy industry and the acceleration of hydrogen financing, and the future of energy: challenges and technologies for decarbonization.

Three bilateral cooperation agreements will be signed between the Dominican Republic and Chile, another between Panama and the Dominican Republic, and the remaining one between Chile and Panama, the Presidency website reported.

Minister Almonte spoke of the importance of the event, saying that one of the strategic objectives of the Dominican Government is to promote a fair and equitable energy transition, with the insertion of renewable energies into the national electrical matrix. It also seeks to promote private investment in the sphere and strengthen regional cooperation mechanisms to support energy transition efforts.