Suriname, Energy Transition, and Climate Change

Suriname’s prospects of becoming a petrostate improved considerably in September 2023, when France’s TotalEnergies announced that it is commencing studies for developing a USD 9 billion oil and gas project for the Caribbean country’s offshore fields. This project is expected to revitalize the country’s deeply challenged economy and radically reduce poverty. Yet Suriname, like many of its neighbors in the Caribbean and Latin America, faces climate change challenges and is seeking to transition from a dependence on fossil fuels to renewables.

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A Global Americans interview with Francisco J. Monaldi

The following interview between Global Americans’ Executive Director Guy Mentel and Francisco J. Monaldi took place this week as the Biden-Harris administration moves to combat climate change and as the COVID-19 pandemic continues to disrupt global oil markets.

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