AI Summary

Colombia’s clean‑energy push under President Gustavo Petro accelerated dramatically, with a ban on new oil, gas and coal exploration contracts and multibillion‑dollar international funding for renewables. Renewable capacity surged from about 200 MW in 2022 to more than 4,300 MW by 2026, and solar generation overtook coal‑fired electricity for the first time in 2025. The country remains South America’s largest coal producer and the region’s second‑largest petroleum and liquid‑fuels producer, trailing only Brazil. A newly elected right‑wing leader is set to reverse the policy, aiming to restore the fossil‑fuel sector’s dominance.

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