Carbon Markets: Prospects and Challenges in Latin America and the Caribbean

CAF -development bank of Latin America and the Caribbean- and the Argentine Development Bank (BICE) invite you to this forum that will focus on analyzing the prospects of carbon markets and their use as a tool to contribute to climate change mitigation goals.

Event date:

August 29, 2023

Online

There is a global challenge to limit global warming by avoiding an increase of 2.0 degrees Celsius above pre-industrial levels. Achieving this goal requires global GHG emissions to be reduced by 50% of current levels by 2030 and to reach net-zero emissions by 2050. To achieve this goal we need financial resources and a joint effort by the region's public and private sectors, as well as organized civil society.

In this context, Latin America and the Caribbean have some of the largest natural capital on the planet, which presents the region with a great opportunity to contribute to these goals. However, in order to capitalize on this opportunity, our region needs to make significant progress in a uniform and organized manner, demonstrating professionalism and transparency, based on solid and convergent regulations, strengthening institutional capacities, improving processes and generating spaces for public-private articulation under a premise of reliability, transparency and integrity.

This forum aims to:

  • Open an orderly and structured debate on the opportunities generated from articles 6.2 and 6.4 of the Paris Agreement, to contribute to the climate goal of reducing GHG emissions and therefore global warming.
  • To discuss the conditions that will make it possible for carbon markets, regulated and voluntary, to mobilize financing for Latin American and Caribbean countries, ensuring the integrity and transparency of operations.
  • To have a roadmap that allows CAF to create an agenda for the strengthening of carbon markets, the generation of national and regional capacities and the creation of spaces for cooperation between countries and the different actors of the market for a better positioning of the region in this issue.

 

Date: August 29, 2023

Time: 9:00 A.M. (Buenos Aires time)

This event will be broadcasted on this web page.

 

Agenda

Day 1

August 29, 2023

    Welcome Remarks

    Jorge Srur | South Regional Manager, CAF- development bank of Latin America

    Ignacio de Mendiguren | Secretary of Industry and Productive Development, Argentina

    Cecilia Nicolini | Secretary of Climate Change, Sustainable Development and Innovation of the Nation

    Forum opening

    Mariano de Miguel | President, Bank of Investment and Foreign Trade (BICE)

    José Ricardo Sasseron | Vice President of Corporate Governance and Sustainability, Banco do Brasil

    Jorge Arbache | Private Sector Vice-president, CAF -Development bank of Latin America and the Caribbean-

    Panel 1: Global Perspective and Carbon Market Trends

    Daniel Galván | Official, UNFCCC Programs

    Amy Kessler | Director, Climate Action Reserve (CAR) in Latin America

    Camilo Trujillo | Technical Analyst, IETA International Emission Trading Association (Lead in Latin America)

    Tatiana Cneio Alves (TBC) | Sector Leader in Green Finance, Inter-American Development Bank (IDB)

    Manuel Otero | Director General, IICA

    Kelly Witkowsky | Manager of the Climate Change and Natural Resources Program, IICA

    Alicia Montalvo | Manager for Climate Action and Positive Biodiversity, CAF-Development Bank of Latin America and the Caribbean-

    This panel will include the keynote presentation "State and Trends of Carbon Pricing 2023" by Alejandra Mazariegos of the World Bank.

    Moderator: Cristian Grisales - Senior Executive, Climate Action and Positive Biodiversity Management, CAF- Development Bank of Latin America and the Caribbean-.

    Panel 2: Challenges in the Region

    Luan Dos Santos | Expert of the Climate Center, Federal University of Rio de Janeiro

    Tatiana Sasson | Associate Partner, McKinsey

    Adriana Gutierrez | Mitigation Coordinator, Ministry of Environment and Sustainable Development of Colombia

    Ligia Castro | Director of Climate Change, Ministry of the Environment of Panama

    Florencia Mitchell | Director of Climate Change, Ministry of Environment and Sustainable Development, Argentina

    José Miguel Alvarado | Advisor to the Undersecretary of Finance of Chile

    This panel will include a Keynote Presentation (10min) by Luan Dos Santos, Climate Nucleus Expert, Federal University of Rio de Janeiro.

    Moderator: Martha Castillo - Director of Biodiversity and Climate Technical Assistance, Climate Action and Positive Biodiversity Management, CAF- Development Bank of Latin America and the Caribbean-.

    Case study: Microsol - Peru

    Dorothee Pie | CEO, Microsol

    Break

    Panel 3: Integrity and Pricing

    Daniel Ortega | Director of Impact Assessment at CAF -Development Bank of Latin America

    George Hodgetts | Policy Associate at VCMI

    Frederick Perron-Welch | CAF Consultant, General Principles and Criteria for Projects

    Mathew Greninger | Sales Vicepresident, Sylvera

    María Elisa Vollmer | Project Data Manager, Viridios AI

    In this panel there will be a Keynote Presentation (10min) on financing projects that emit carbon credits guaranteeing integrity, by Gabriel Maceron Santamaria Executive Manager of Corporate Sustainability.

    Moderator: Carla Pitiot, Vicepresident BICE

    Closing Remarks

    Gladis Genua | Director Representative of CAF - Development Bank of Latin America and the Caribbean - Bolivia