OLADE: the union through Energy

An interesting Latin American organization
The significant dependence on fossil fuels, like petroleum, is having increasingly negative impacts in the environment. Moreover, as we all know, these energetic sources are not renewable and are going to run out sooner than we expect. That is why several countries are looking for renewable and clean alternative energies so that they could eliminate or decrease that mentioned dependence. This issue should be treated as a national security matter by all countries worldwide and all processes of integration should be committed with that assuring a sustainable energy supply. The OLADE (The Latin American Energy Organization) is a good example of cooperation in this matter. Let’s now take a look at this interesting organization.

The OLADE is an intergovernmental organization created within the context of the international energy crisis of the early seventies, whose scope and impact was analyzed by the Latin America and the Caribbean countries. These countries lacked energy policies and needed to handle this crisis. Thus, they began an intense political mobilization process that came to an end on November 2, 1973 with the signing of the Lima Agreement, the constituent instrument of the Organization, ratified by 26 countries in Latin America and the Caribbean:

South America: Argentina, Brazil, Chile, Paraguay, Uruguay, Bolivia, Colombia, Ecuador, Peru and Venezuela
The Caribbean: Barbados, Cuba, Grenada, Guyana, Haiti, Jamaica, Trinidad & Tobago, Dominican Republic and Suriname
Central and North America: Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama and Mexico.
While promoting the creation of OLADE, the need for establishing a cooperation mechanism for the countries of the Region arose in order to develop their energy resources and jointly attend issues regarding their efficient and rational use attempting to contribute in the economic and social development of Latin America and the Caribbean.
VISION: OLADE is the political and technical-support organization by means of which its Member States undertake common efforts to achieve integration and development in the regional energy market.
MISION: To promote agreements between its Member Countries and carry out actions to satisfy their energy needs by means of the sustainable development obtained from the different sources of energy.

References:

*http://www.olade.org/organizacionEn.html