Loading... please wait

Underneath the Green Transition: The Oil Industry


H.E. Iván Duque, Former President, Republic of Colombia; Leadership Council Member, Concordia
H.E. Mohamed Irfaan Ali, President, Republic of Guyana
T.H. Carlos Pascual, Senior Vice President Geopolitics & International Affairs, S&P Global

“There must be no conversation globally on energy, food, and climate without Guyana being at the leadership table.” 

– H.E. Mohamed Irfaan Ali

“Without the Amazon, none of the Western Hemisphere’s Paris Agreement contributions will be met.” 

– H.E. Iván Duque

“It’s quite striking that demand is one of the hardest things to change.” 

– T.H. Carlos Pascual

Key takeaways & next steps:

  • Low carbon development is a pivotal strategy, particularly for countries like Guyana. It emphasizes the need to achieve economic growth while minimizing carbon emissions and protecting the environment. This approach underscores the significance of adopting sustainable practices and policies that can lead to a cleaner and more balanced future. 
  • Addressing the ever-growing global energy demand, especially in developing nations, is a formidable challenge. Sustainable methods of energy production must be prioritized to ensure a reliable energy supply while mitigating the environmental impacts associated with conventional energy sources. Achieving this balance is crucial for a sustainable future. 
  • Forests are invaluable in combating climate change due to their capacity to sequester carbon dioxide. Their preservation is not only crucial for global carbon management but also for safeguarding biodiversity and ecosystem services. Recognizing the significance of forests and establishing mechanisms to protect them is central to addressing climate change. 
  • The Amazon region’s conservation takes on a critical role in the global right against climate change. Its biodiversity and vast reserves of freshwater are essential for the health of the planet. The urgent need to address deforestation in the Amazon underscores the importance of international cooperation, enforcement of environmental laws, and innovative economic strategies to protect this vital ecosystem.
  • Effective leadership, led by a nation’s highest-serving executive, is indispensable for driving forward initiatives related to energy transition, conservation, and sustainable development. Political will and executive commitment is important to implement policies that align with environmental and social goals.