Climate change is one of the greatest challenges of our time, and addressing it requires not only political will but also proper alignment of action planning with public finance and fiscal policy instruments to catalyze the necessary investments. Climate finance strategies are essential tools for planning and assessing climate finance needs and related financial instruments. … [Read more...] about 10 Key Considerations to Boost Climate Finance in Latin America and the Caribbean
Marcela Jaramillo
Marcela Jaramillo Gil is a specialist in climate policy and finance. Previously, she worked as a consultant at the IDB's Climate Change Division, focused on the consolidation of the IDB's support for the implementation of the Paris Agreement through NDC INVEST, the design of Long-Term Decarbonization Strategies and approaches to align public finances to climate goals. Marcela is co-chair of the LEDS-LAC Regional Platform, and previously was a senior advisor for finance and climate diplomacy at the British think tank E3G. In the past, Marcela worked in the energy sector leading research, design, and implementation of renewable energy systems. Marcela has a degree in Mechanical Engineering from the National University of Colombia and a Master's Degree in Sustainable Energy Technologies from the University of Southampton.
Three ways NDC Invest can help countries of Latin America and the Caribbean deliver ambitious climate and development agendas
The climate crisis is underway and is increasingly getting hard to ignore. July 2021 joins the one in 2020 as the third warmest July on record globally. Brazil suffered from extremely low temperatures that sent international prices for coffee and sugar higher. Greece went through the worst heatwave since 1987, reaching 46°C in some regions, unleashing devastating wildfires that … [Read more...] about Three ways NDC Invest can help countries of Latin America and the Caribbean deliver ambitious climate and development agendas
How is climate ambition progressing at the municipal level?
National governments are not the only ones increasing their climate action in Latin America and the Caribbean. News at the subnational level is also quite encouraging. Multiple local governments have joined in increasing their climate ambition, recognizing that they are key actors for the implementation of climate change policies and that cities play a leading role in the … [Read more...] about How is climate ambition progressing at the municipal level?
5 ways countries’ decarbonization and resilience plans matter for sustainable recovery
2021 is a make or break year for people and the planet. The international community needs to orchestrate a sustainable recovery from the pandemic while delivering more ambitious commitments to protect nature and ensure a climate safe future. In LAC, there is the added challenge of responding to tough issues such as inequality, poverty and unemployment, which COVID-19 has … [Read more...] about 5 ways countries’ decarbonization and resilience plans matter for sustainable recovery
Chile shows that multi-stakeholder participation is key to designing long-term decarbonization strategies
Chile is progressing under a broad participatory process to design its long-term climate strategy. These strategies, known as LTS, enable governments to define the actions that are required in the long, medium and short term to stop the climate crisis. They aim to maximize the benefits of the transition … [Read more...] about Chile shows that multi-stakeholder participation is key to designing long-term decarbonization strategies