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The Annual Report 2022 of EUROCLIMA+ presents the key activities and progress of the EUROCLIMA+ programme for the year ending December 31, 2022.

Latin America has enormous potential in almost all renewable resources. Non-conventional renewable sources are becoming the cheapest sources of power, enabling countries’ electricity matrixes to become progressively cleaner and affordable.

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.

The december 2022 e-bulletin highlights the main results or processes of the last quarter on the actions and projects that EUROCLIMA+ implements in the Latin American region. In this way, news, articles and other audiovisual information have been structured.

Nature-based Solutions (NbS) focus on the importance of ecosystems, and the services they provide people, to offer sustainable solutions to social, economic and environmental challenges.

NbS have played a central role in the discussions at the Conferences of the Parties (COPs) in recent years, especially at the COP 26 in Glasgow, Scotland. Despite the fact that NbS are widely recognized as effective measures to address the challenges associated with climate change, there are still some challenges to their implementation.

Nature-based Solutions have increasingly gained relevance in the field of climate action, and have been incorporated into countries' climate plans (Nationally Determined Contributions - NDCs).

As every year, the partners of the EUROCLIMA+ Programme have met in the last quarter of 2022 to take stock of the results achieved and plan for the future. This year's Annual Meeting has been marked by the expansion of the Program to the Caribbean, increasing the number of partner countries from 19 to 33, and increasing its sectoral focus in the area of biodiversity and circular economy.

Nature-based Solutions have increasingly gained relevance in the field of climate action, and have been incorporated into countries' climate plans (Nationally Determined Contributions - NDCs).

The participation of indigenous peoples in climate action is widely recognised as a crucial element in formulating inclusive and effective policies. This is not only because indigenous peoples receive relatively greater impacts resulting from the effects of climate change and biodiversity loss, but also because they possess traditional knowledge, technologies and practices for climate change mitigation and adaptation.