Opportunities and challenges in the development of LTS in LAC and the role of finance

Opportunities and challenges in the development of LTS in LAC and the role of finance
November 15
6:15-7:45 am (Lima, Quito, Bogotá)

About the event

Within the framework of COP27 in Egypt, the side event “Opportunities and challenges in the development of LTS in Latin America and the role of finance” was held, with the participation of public sector institutions, projects, initiatives and multilateral organizations.

The words of welcome were given by the Minister of the Environment of Peru, Wilbert Rozas, and the closing remarks were made by the Head of the Climate Change Division of the Inter-American Development Bank, Graham Watkins.

The DecarBOOST project was present in the second panel with the participation of Blanca Rengifo, coordinator of the project in Peru (Libélula) and Rocío García, technical leader of the Project (SSN) as moderator. This panel addressed issues on the implementation and financing of climate action in Latin America.

The DecarBOOST coordinator in Peru mentioned the AFOLU and Energy sectors that were prioritized by the project due to their main contribution to the country’s economy and their high potential for GHG reduction. At the same time, it appeared that investment opportunities have been identified and developed to contribute to decarbonization, especially in Argentina, Brazil and Peru.

Event in Spanish with simultaneous interpretation into English



13:15 – 13:20
Opening words
Ministro del Ambiente del Perú: Wilbert Rozas.
13:20 – 14:00
Panel: Latin American experiences in the development of LTS and implementation of processes led by the government.

Moderador: Marcela Jaramillo, Asociada senior en 2050 Pathways Platform

  • Milagros Sandoval, Directora General de Cambio Climático y Desertificación del Ministerio del Ambiente de Perú.
  • Camila Labarca Wyneken, Jefe del Departamento de Mitigación Climática y Transparencia, de la División de Cambio Climático, Ministerio del Medio Ambiente de Chile.
  • Guillermo Prieto, Director de Cambio Climático y Gestión del Riesgo del Ministerio de Ambiente y Desarrollo Sostenible de Colombia.
  • Karina Barrera, Subsecretaria de cambio climático en Ministerio del Ambiente, Agua y Transición ecológica del Ecuador.
14:00 – 14:40
Good practices in the implementation of financial instruments in the private sector in Latam

Moderador: Rocío García, Líder técnico en SouthSouthNorth.

  • Jorge Álvarez, Oficial del Programa de Energía y Medio Ambiente de PNUD Perú.
  • Blanca Rengifo, Coordinadora del proyecto DecarBOOST.
  • Ramiro Fernández, Champion de Acción Climática
  • Pablo Vieira, Director Global de NDC Partnership.
14:40 – 14:45
Closing words
Graham Watkins, Jefe de la División de Cambio Climático del BID

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