Article

Colombia needs to accelerate the expansion of non-hydropower renewable energy, such as solar and wind, to meet its climate targets, as indicated by the OECD. The country aims for a 51% reduction in net GHG emissions by 2030 and net-zero emissions by 2050.

GHG emissions have increased at an average rate of 1.7% per year from 2005 to 2020. Colombia's installed power generation capacity reached 21,028 MW in 2025, with only 2,685 MW from non-hydropower renewables.

Investment in clean energy averaged $2.3 billion per year from 2020-2023, while fossil fuel investments averaged $6 billion. High financing costs and misaligned policies are significant barriers to achieving climate goals.