Climate change
Climate change is the planet-wide variation in the Earth's climate owing to natural and man-made causes. Human actions are the main contributors to climate change and include the burning of fossil fuels, deforestation, and industrial, agricultural and transport activities. One consequence of these actions is that the Sun's heat is trapped in the atmosphere, a process that we know as the "greenhouse effect". The gases responsible for this phenomenon include carbon dioxide, nitrous oxide and methane.
Activities
Virtual Expert Group Meeting to Review Tokenized Indexed Financing for Ammonia Decarbonization
This study is guided by two primary objectives. The first is to review the range of technological options available for reducing greenhouse gas (GHG) emissions in the ammonia industry. The second is to explore a policy-based financing intervention capable of establishing an enabling environment for decarbonizing this industry.This meeting of experts will discuss the findings of this recently completed study.
Financing Instruments for Climate and The Ecological Transition – The Brazilian Experience
Webinar organized by the Economic Commission for Latin America and the Caribbean (ECLAC) and the Ministerio da Fazenda to discuss innovative financing instruments for Climate and The Ecological Transformation being developed/implemented by the Ministry of Finance of Brazil.
Policy mixes for low-carbon development A Latin American and the Caribbeans perspective
Following the success of the High-Level Conference for Ministries of Finance in Latin America and the Caribbean (LAC) held in Brasília in June 2024, which brought together participants from over 15 countries in the continent, a second edition will take place in Mexico in February 2026.
Virtual Regional Workshop on External Financing and Climate-Resilient Development
This virtual regional dialogue aims to share lessons learned from the Development Account – Tranche 14 project entitled “Mobilizing External Financial Resources Beyond COVID-19 for Greener, Fairer, and More Sustainable Development in Selected Vulnerable SIDS in Africa, Latin America, and the Caribbean.” It also seeks to highlight the usefulness of the financial strategy and roadmap for mobilizing climate financing developed under the project for the Union of the Comoros and Cabo Verde, which could be adapted and used by other countries in the future.
News
Ministries of Finance of Latin America and the Caribbean promote a new generation of policies for the ecological transition and fiscal resilience
Representatives from more than 15 countries, international organizations, and academic experts met in Mexico City to strengthen dialogue on integrating climate and nature risks into the region’s macroeconomic and fiscal planning.
NDC-LAC: Key information to strengthen climate action in Latin America and the Caribbean
During the virtual event organized by ArticuLAC, the Economic Commission for Latin America and the Caribbean (ECLAC) presented the NDC-LAC platform, highlighting its contribution to transparency, NDC tracking, and informed decision-making.
Central America: Climate risks to food security and the economy
Central America is particularly vulnerable to the effects of climate change. These climatic changes affect agricultural production, health, infrastructure, and hydroelectric power generation.
ECLAC Executive Secretary: Caribbean Must Be Active Architect of Its Development Models
José Manuel Salazar-Xirinachs participated in the meeting of the Monitoring Committee of the Caribbean Development and Cooperation Committee (CDCC).
