CAT’s Engaging Participation in LACCW 2023: Building Alliances and Shaping Climate Action

Panama City, October 23-27th, 2023

Climate Action Team actively contributed to the Latin America and Caribbean Climate Week (LACCW) 2023, fostering collaboration and shaping the discourse on climate management. One of the highlights of CAT’s participation was the engagement of Francisco Pinto, CAT focal point, in two key events related to Article 6 and market-based climate instruments.

On October 24, 2023, CAT took part in the World Bank’s event, “Carbon Pricing Across Latin America: Lessons Learned and The Way Forward.” Subsequently, on October 27, 2023, the team participated in South Pole’s event, “Leveraging the Capacity of Carbon Markets: Leimotifs for Latin America.” These engagements provided valuable insights and networking opportunities.

CAT also attended various side events, including the exclusive Article 6 Training Workshop organized by UNFCCC. This involvement facilitated meaningful connections with institutions, initiatives, and representatives, such as UNFCCC, World Bank, GGGI (Green Growth Grhown Initiative), EDF, CPA (Carbon Price for the Americas), and ECLAC, among others.

The key takeaways from LACCW 2023 underscored the importance of institutional maturity and actor preparedness for effective implementation of cooperation mechanisms under Article 6.2. The dialogue process and discussions among regional countries illuminated medium and long-term challenges, emphasizing the significance of early stakeholder engagement, climate governance definitions, capacity building, and multi-sectoral infrastructure.

CAT’s active involvement in LACCW 2023 not only strengthened existing partnerships but also paved the way for future collaborations, reinforcing its commitment to advancing climate action in the Latin America and Caribbean region. Stay tuned for further developments as CAT continues to drive positive change on the climate front.