The pandemic has brought great challenges within the developing world—Latin America as a region has been hit hardest in terms of increased inequality and slower economic recovery. Now more than ever, energy transition toward renewables represents a powerful engine to combat poverty, create jobs, and contribute to climate action. Nonetheless, governments in the region confront the dual challenge of meeting near-term industrial and residential energy demands while also creating incentives to achieve net-zero pledges. As the region moves to mobilize investment and finance to expand energy access, how can it also tap into the wave of global innovation that will bring about the energy technologies of the future? How can the region achieve its potential as a future global energy renewable hub and diversify away from hydrocarbons?