What specific measures are necessary to develop Colombia’s hydrocarbons reserves?
Colombia is redoubling efforts to include renewable energy in its power supply mix. This has meant moving away from its dependence on hydroelectricity, which has been made unreliable due to shifting climate patterns. Law No. 1715 was passed in May 2014, creating a foundation for the adoption of these technologies by regulating integration of...
With broad political support and efforts to improve the licensing process, the mining industry looks set to experience a rebound in 2019. While...
With the new administration’s pro-business, pro-investment stance, in addition to improvements in international prices, the Colombian oil and gas sector...
Since the drop in commodity prices in 2014, Colombia’s economy has been recovering and is set to expand in 2019 and 2020. In May 2018 Colombia was invited to become the 37th member of the OECD, a positive development that should increase the country’s international political and economic prominence in the coming decades. However, challenges to ensuring Colombia’s continued economic progress remain.
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