Key elements to measure the impact of actions to mitigate Climate Change on the Region
From March 6th to 8th a workshop will be held in Mexico City, organized by the World Bank, the German Society for International Cooperation, and CAF, Development Bank of Latin America, to contribute to the exchange of best practices and promotion of capacities for the development of Monitoring, Reporting, and Verification systems for policies and climate measures.
(Mexico D.F, March 6th, 2014). The objective of the regional workshop to be held in Mexico City from March 6th to 8th is to contribute to the exchange of best practices and the promotion of capacities for the development of Monitoring, Reporting, and Verification (MRV) systems for Mitigation Measures that are Appropriate for each Country (NAMA) in Latin America and the Caribbean.
The initiative is promoted by the global alliances Partnership for Market Readiness (PMR) and the International Partnership on Mitigation and MRV, and organized and financed by a cooperation agreement between the Secretariat of the Environment and Natural Resources of Mexico (SEMARNAT, for its acronym in Spanish), the World Bank, the German Society for International Cooperation (GIZ), and CAF, Development Bank of Latin America
Close to 100 public policy decision makers and experts from Argentina, Brazil, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, Mexico, Peru and Uruguay will meet to share and analyze best practices for the design of Monitoring, Reporting, and Verification systems, which are key elements to confirm the impacts of policies and measures aimed at reducing greenhouse gasses and, consequently, mitigating global climate change.
Founded in 2010 by the World Bank, "Partnership for Market Readiness [1]" (PMR), brings together more than 30 countries whose actions are essential for the global efforts to mitigate climate change. The PMR supports these countries in the preparation and implementation of carbon prices and other innovative instruments that help increase local actions. The PMR also functions as a global platform for exchanges between countries that support the pioneer and collective implementation of cost effective instruments.
At the same time, the International Partnership on Mitigation and MRV [2] facilitates the exchange of best practices between climate negotiators, policy makers, and professionals from more than 50 developing and developed countries, in order to increase the ambition to mitigate climate change and carry out a transformation toward sustainable, low emission societies.
The mission of CAF, Development Bank of Latin American, is to promote sustainable development and regional integration through financing for projects in the public and private sectors, provision of technical assistance, and other specialized services. Founded in 1970, it currently includes 18 countries -16 from Latin America and the Caribbean, in addition to Spain and Portugal- and 14 private banks. It is one of the main sources of multilateral financing and an important generator of knowledge in the region.
CAF [3], through the Latin American Program on Climate Change (PLACC, for its acronym in Spanish), supports Latin American countries to establish strategies, policies, and national, local, and sectorial plans for low emission development, promote access to international financing for the mitigation of climate change, and encourage sustainable development in the region.
The workshop will help develop a joint vision between countries that share and face the challenges of climate change.
[1] For more information, go to: www.thepmr.org
[2] For more information, go to: www.mitigationpartnership.net
[3] For more information, go to: www.caf.com
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