There is hope for Venezuela’s future – and it isn’t based on oil

Developing Venezuela’s untapped renewables potential would be a massive undertaking, but an energy transition is the best way for the country to achieve stability and break oil-driven cycles of boom and bust
A motorcyclist passes in front a mural of Venezuela's state oil company PDVSA near the company's headquarters, in Caracas, Venezuela May 14, 2025. REUTERS/Leonardo Fernandez Viloria

Join us to keep reading

Our goal is simple: to help you make sense of the policy decisions shaping the planet and what they mean for all of us.

Join free and keep reading →

It takes less than a minute.


Or login below to unlock access if you already have an account.

Benefit from more essential insight

Our unprecedented reporting provides experts and professionals globally with the analysis and insight they need to navigate the most important climate issues.

Trusted by the UN, World Bank, and governments around the world, sign up today and see why our award-winning coverage has been considered the authority for almost 15 years.

Essential

£0

A few top stories each week alongside our Climate Weekly newsletter.

Premium

£40

per quarter

Unlimited access to our expert coverage alongside our Climate Weekly newsletter. You can upgrade to an annual subscription at any time.