Latin America targets net-zero emissions by 2050 through a $1.9 trillion investment to triple electricity generation capacity and shift to renewables, led by the Latin American Energy Organization (OLADE). The aviation sector, via ALTA’s new study, outlines a tailored roadmap emphasizing fleet modernization, sustainable aviation fuel (SAF), and carbon markets to balance decarbonization with 3.6% regional GDP contribution.
ALTA’s report, released in April 2026 with ICF support, highlights that 38% of regional air capacity already uses new-generation aircraft, backed by $40 billion in investments for over 1,100 planes—surpassing Europe and the US.
Key steps include operational efficiencies, fleet renewal, SAF adoption, and carbon trading, requiring clear regulations and government incentives, as stressed by ALTA’s Lina Quintero.
Regionally, 31% of energy comes from renewables, with Uruguay at 97% clean electricity, Brazil leading hydro and wind, and Chile expanding solar plus the world’s second-largest electric bus fleet.
Electromobility surges, with buses rising from 5,084 in 2023 to over 6,700 in 2024 in Chile, Colombia, Brazil, and Mexico. Green hydrogen eyes 2% of power by 2050, boosting energy independence, jobs, and investment attractiveness.
This transition positions Latin America as a clean energy hub, leveraging solar, wind, hydro, and critical minerals for economic growth and climate leadership.