Belize
Critical minerals, policy, and the energy transition
The Energy Transition in Belize
Belize’s energy transition is shaped by its ambition to reduce fossil fuel dependency and strengthen energy security through renewable energy development and regional cooperation. The country’s current energy mix remains heavily reliant on imported petroleum, though hydropower, biomass, and an expanding solar PV sector contribute to domestic generation. The National Energy Policy Framework and the Sustainable Energy Roadmap for Belize 2017–2030 outline government commitments to diversify the energy matrix, promote efficiency, and support rural electrification. Belize benefits from regional interconnection through the Belize Electricity Limited (BEL) grid, which links to Mexico’s CFE, providing additional energy security. Critical minerals exploration and production are currently absent, with full reliance on imports for materials vital to renewable energy systems, such as lithium, cobalt, nickel, and rare earth elements. Investment in renewable infrastructure, including solar and energy storage, has attracted support from development partners like the Caribbean Development Bank and international donors. While challenges include financing constraints, natural disaster risks, and grid stability across dispersed communities, opportunities exist in scaling renewables, improving regulatory frameworks, and enhancing resilience through regional partnerships and climate finance mechanisms. Belize’s renewable energy ambitions and regional grid connectivity offer a solid foundation for advancing its energy transition. Continued focus on policy implementation, investment mobilisation, and resilient infrastructure will be key to achieving sustainable growth and energy independence.
Latest news and insights
Stay ahead in the energy transition with SFA (Oxford)’s cutting-edge insights into how renewables, ESG priorities, and regional cooperation are shaping Belize’s sustainable energy ambitions and investment outlook.
Belize's international economic, trade, and security alliances
The journey of Central America and The Caribbean's critical minerals
Central America's progress in renewable energy is anchored on essential minerals like lithium, nickel, cobalt, PGMs, rare earths, and minor metals. These are crucial for advancing low carbon and future technologies, backed by policies promoting sustainable mining and innovation. This strategy emphasizes the significance of these minerals in paving the way toward a sustainable and energy-secure future. Learn how these critical minerals are fundamental to Central America's transition to sustainable energy.




Meet the Critical Minerals team
Trusted advice from a dedicated team of experts.

Henk de Hoop
Chief Executive Officer

Beresford Clarke
Managing Director: Technical & Research

Jamie Underwood
Principal Consultant

Ismet Soyocak
ESG & Critical Minerals Lead

Rj Coetzee
Senior Market Analyst: Battery Materials and Technologies

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