The playbook model shines a light on how Latin American and the Caribbean countries are taking action

The objective of this background document is to support and accompany this process byproviding a brief overview of core elements of an institutional setup to be considered. Thedocument contributes to the UN Environment project Accelerating Climate Action underEuroclima+; it was elaborated by the University of Geneva’s Institute of EnvironmentalGovernance and Territorial Development, with inputs from the Mountain Research Initiative.

The projects of the Forests, Biodiversity and Ecosystems (BBE) sector of the EUROCLIMA1 program have generated significant achievements in terms of pilot experiences in sustainable forest and ecosystem management

Intergovernmental Panel on Climate Change reports published in 2022 classified the Latin America and Caribbean (LAC) region as “highly exposed, vulnerable and strongly impacted by climate change”. To address this existential threat and align economies with the UN Sustainable Development Goals, governments in the region – and globally – are developing sustainability taxonomies at a rapid pace. However, a lack of comparability between national taxonomies creates hurdles for trade and international capital flows towards low-carbon projects.

Aunque la pandemia de COVID-19 ha creado retos sin precedentes para los países de todo el mundo, también ha creado oportunidades para impulsar la transformación a través de una  Recuperación Verde. Los ministerios de finanzas y las políticas fiscales desempeñan un papel crucial en la configuración de esta recuperación. 

Under the Contract signed between SURECO & Partners CORP (contractor) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) (contractor). The deliverable constitutes a report with the main findings, including a data tool in excel format with the results of the mapping exercise of private sector investments available for the climate and biodiversity of the Latin America and the Caribbean (LAC) region in the sectors clean energy, water, transport, agriculture, forestry and other land uses (AFOLU), biodiversity and ecosystem-based solutions. This report was executed based mainly on publicly available secondary information.