– tells OLADE country remains dedicated to achieving low-carbon economy

Honourable Prime Minister Brigadier (Ret’d) Mark Phillips outlined Guyana’s actions and achievements under its Low Carbon Development Strategy (LCDS) 2030, while emphasising the Government’s commitment to a clean, just energy transition, strengthened regional cooperation, and continued global climate advocacy under the tenets of the Paris Agreement.
The Prime Minister made these remarks during his address at the 55th Latin American Energy Organisation (OLADE) Meeting of the Energy Ministers, held as part of the 10th edition of OLADE Energy Week in Santiago, Chile, earlier today.
Addressing energy leaders and policymakers, Prime Minister Phillips underscored Guyana’s steady progress in building a low-carbon economy by diversifying its energy supply mix, referencing accomplishments under LCDS 2030, which outlines the Government’s support for sustainable energy development and participation in global climate initiatives.

“Guyana remains dedicated to achieving a low-carbon economy through innovation, inclusion, and bold policies that safeguard our forests and communities. Our actions reflect the belief that clean and renewable energy development is about ensuring equity and opportunity so that every citizen benefits from the transition.”
He also reminded attendees that the Government is advancing complementary policies to promote energy conservation and energy-efficient technologies.
“Our country remains dedicated to advancing global efforts to address climate change and transition to clean and renewable energy, and significant progress has been made in this regard.”
In discussing the clean energy transition, the Prime Minister spoke of Guyana’s diversified energy supply mix plan and infrastructure development agenda. At the forefront is the Gas-to-Energy Project. Phase I is a 300 megawatt (MW) natural gas-fired power plant currently under construction, while Phase II will deliver an additional 300 MW combined-cycle plant and a natural gas liquids facility. Together, these projects will supply 600 MW of power, reduce emissions, and lower costs for consumers.











