The Latin American and Caribbean Carbon Forum was held 18-20 October 2017 in Mexico City, Mexico.
The Forum focused on carbon pricing, market mechanisms and climate finance in the LAC region.
Participants also discussed how to stimulate greater climate action in the region, highlighting the role of sub-national and non-state actors.
20 October 2017: Participants at the eleventh Latin American and Caribbean Carbon Forum (LACCF) have underlined the importance of commitments by “new actors,” such as cities and local, tribal or state governments in achieving the objective of the Paris Agreement on climate change to keep global average temperature rise well below 2 °C and as close as possible to 1.5 °C.
In his closing remarks, former Mexican President Philippe Calderón said the participation of sub-national and non-state actors could fill the gap between between current climate mitigation pledges by national governments and efforts required to achieve the objective of the Paris Agreement. He told participants that the shift towards new actors creates a “new vision in a politically adverse world,” noting the example of pledges by cities and businesses that are part of ‘We Are Still In,’ a network of more than 2,500 mayors, tribal leaders, CEOs and university presidents in the US committed to continued action in the face of the US withdrawal from the Paris Agreement.
Other speakers highlighted the need for continued efforts to decarbonize Latin American economies, noting that such endeavors cannot be achieved through isolated actions but require cooperation among many actors and mutual transparency. UNFCCC Executive Secretary Patricia Espinosa underlined the role of private and public sectors working together to mobilize necessary investments.
Attended by more than 480 participants from 38 countries, LACCF 11 served as venue to inspire greater climate action in the LAC region. While its primary focus is on market mechanisms, carbon pricing, climate finance and the Clean Development Mechanism (CDM), the event also provided an opportunity to discuss other forms of climate action and policies.
Co-organized by the Mexican Secretariat of Environment and Natural resources, UNFCCC, UNDP, the World Bank Group and many other partners, LACCF 11 was held 18-20 October 2017 in Mexico City, Mexico. [UNFCCC Press Release. Opening. 18 October 2017][UNFCCC Press Release. Closing. 20 October 2017][LACCF 11 Website][We are Still In website]