Colombia seeks US$36bn for clean energy, mobility projects

Colombia seeks USbn for clean energy, mobility projects


Colombia has set out plans to unlock more than US$36bn in investment for renewable energy, hydrogen and low-carbon transport initiatives as it aims to position itself as a regional clean-industry hub.

The project portfolio, unveiled at the COP30 climate summit in Brazil, concentrates heavily on solar expansion, rail development and preparing ports for future hydrogen exports.

Officials described the platform as a tool to channel private and multilateral capital into large-scale infrastructure.

“Colombia is ready to lead Latin America’s decarbonization,” deputy energy minister Karen Schutt said during the event. 

The program allocates US$17.1bn to sustainable mobility, including US$16bn for national rail expansion and US$1.1bn for electric buses and other clean public-transport systems. 

It also envisages solar investment of US$6.75bn across 25,600 projects expected to reach five million users. Another US$5.5bn supports green hydrogen, methanol and ammonia development to meet targets over the next 15 years, the ministry said. 

A further US$2.5bn is earmarked to convert Pacific and Caribbean ports into hydrogen-ready export hubs, while US$804mn would fund 450MW of community-energy schemes.

Smaller sums cover mini solar farms in remote regions and electrification projects in the Amazon and Pacific territories.

The ministry did not provide details of locations or tender schedules for the projects, nor did it outline expected private-sector participation. 

The Inter-American Development Bank joined the technical presentation but did not announce financing commitments. 

Colombian officials announced two related policy measures at COP30. One was a proposed regulatory framework setting technical and operational requirements for producers and importers of sustainable aviation fuel (SAF).

The government also said it deepened cooperation with the Brussels-based Global Renewables Alliance to expand grid capacity and energy-storage solutions, backing a global pledge aimed at accelerating renewable integration by 2030.

(This content was originally published in English)



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