UNA REVOLUCIÓN ENERGÉTICA ES POSIBLE

This executive summary by Friends of the Earth International argues that the global financial losses caused by tax havens are sufficient to fund a total transition to renewable energy in the Global South by 2030, asserting that the primary barrier to an 'Energy Revolution' is political will rather than a lack of funds.

• Global public revenue losses due to corporate tax fraud through tax havens are estimated at approximately $600 billion annually, according to IMF researchers.
• Friends of the Earth International estimates that the public revenue lost to tax havens over a 15-year period could provide 100% renewable energy to Africa, Latin America, and much of Asia by 2030.
• The additional investment required to achieve 100% renewable electricity by 2030 in Africa, Latin America, and 'Other Asia' (non-OECD countries and India, excluding China) is calculated at US$7,603 billion.
• The specific additional investment costs to reach 100% renewable energy by 2030 are broken down as US$1,501 billion for Africa, US$1,165 billion for Latin America, and US$4,937 billion for Other Asia.
• A transition to a 100% renewable electricity system globally by 2050 could result in fuel cost savings of $42 trillion, based on a 2015 Greenpeace analysis using IEA demand projections.
• The proposed renewable energy system should be guided by principles including energy access as a basic human right under democratic control, reduction of energy waste, and the requirement for free, prior, and informed consent from communities to prevent land grabbing.
• To end tax havens, the document recommends requiring multinationals to publicly report economic activity, profits, and taxes paid in every country of operation, establishing public registries of beneficial owners, and ending bank secrecy through international information exchange.

APA

Hearps, P., & Cossar-Gilbert, S. (2016). UNA REVOLUCIÓN ENERGÉTICA ES POSIBLE. Friends of the Earth International. https://www.foei.org/wp-content/uploads/2021/05/Energy-revolution-summary-spanish.pdf

Chicago

Hearps, Patrick, and Sam Cossar-Gilbert. UNA REVOLUCIÓN ENERGÉTICA ES POSIBLE. Friends of the Earth International, 2016. https://www.foei.org/wp-content/uploads/2021/05/Energy-revolution-summary-spanish.pdf.

Wikipedia

{{cite report |last1=Hearps |first1=Patrick |last2=Cossar-Gilbert |first2=Sam |title=UNA REVOLUCIÓN ENERGÉTICA ES POSIBLE |publisher=Friends of the Earth International |date=September 2016 |url=https://www.foei.org/wp-content/uploads/2021/05/Energy-revolution-summary-spanish.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{hearps2016una, author = {Hearps, Patrick and Cossar-Gilbert, Sam}, title = {{UNA REVOLUCIÓN ENERGÉTICA ES POSIBLE}}, institution = {Friends of the Earth International}, year = {2016}, month = sep, url = {https://www.foei.org/wp-content/uploads/2021/05/Energy-revolution-summary-spanish.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }