Renewing Venezuela's electrical system requires about $40 billion, says industry association

The Venezuelan electrical system requires an estimated investment of up to $40,000 million and a master plan spanning approximately 10 years to achieve full recovery, according to industry estimates announced on October 21. This projected overhaul comes after more than a decade of underinvestment in the nation's critical infrastructure.

In a separate regional development reported on the same date, Brazil reduced its gross greenhouse gas emissions by 6% in 2025, reaching its lowest level in eight years and bringing the country close to fulfilling its established climate target, according to data from the Observatorio del Clima network.