Geneva, 1 of September 2015 - The Economic Commission for Latin America and the Caribbean (ECLAC) and the government of Chile will host the 9th Latin American and Caribbean Carbon Forum (LACCF 2015) in Santiago de Chile from September 9-11. The conference will cover the latest developments in market-based mechanisms to address climate change, carbon trading, climate finance, and low-emission development.
Coming just months before the United Nations Climate Change Conference in Paris, where countries are to adopt a new, universal climate agreement, the LACCF 2015 is an important opportunity for private and public-sector representatives to leverage market and finance opportunities for ambitious and effective climate action in the region.
“As countries are busy preparing and making public their intended contributions to a new universal climate change agreement to be adopted in Paris in December, the Forum offers a golden opportunity to explore the use of market-based mechanisms and approaches to increase emission reduction ambition and stimulate sustainable development now and over the years and decades to come,” said Christiana Figueres, Executive Secretary of the United Nations Framework Convention on Climate Change, a co-organizer of LACCF 2015.
An effective response to climate change requires strong interlinkages between politics, finance, technology and execution strategies. Thus, the three-day event will cover the latest in climate policy, low carbon technology solutions, carbon pricing and climate finance options throughout 8 plenaries, 12 thematic workshops and 4 side events.
“Putting a price on carbon will stimulate clean technology and market innovation, fueling new, low-carbon drivers of economic growth,” said Neerad Prasad, Manager of the World Bank’s Climate Change Practice. “Whether it is through carbon markets, performance measures or carbon taxes, a price on carbon can drive investment toward cleaner economies and we have seen tangible movement on the ground as a testament of this. The LACCF provides a platform for sharing experiences on carbon pricing and other policy innovations that will help the Latin America and Caribbean Region transition to a low carbon economy.”
Different mechanisms and sources that help to support low carbon development goals, provide access to climate finance, and to promote innovation and policies addressing climate change mitigation and adaptation will be discussed. Participants will also explore ways to leverage and scale up private investment in the region and business leaders will learn how to incorporate environmental considerations into their business planning while preparing for future "clean" opportunities.
Furthermore, since achieving clean development requires building the capacity in the public and private sectors to identify, adapt and deploy the most appropriate low carbon technologies, renowned climate change experts from both sectors will highlight the importance of innovation in the energy sector, Climate Smart Agriculture & land use, and transport, among others.
As momentum grows for transition to carbon neutral economies, this year’s regional carbon forum will also show how individuals, governments and the private sector can spur action through offsetting, featuring achievements of Latin American carbon offset projects, and showcase the experience of those who are already helping to create a climate resilient future.
This conference is jointly organized by the secretariat of the United Nations Framework Convention on Climate Change (UNFCCC), the World Bank Group, the Latin American Energy Organization (OLADE), the International Emissions Trading Association (IETA), the United Nations Environment Programme (UNEP), the UNEP DTU Partnership, United Nations Development Programme (UNDP), the Inter-American Development Bank (IDB), and CAF -development bank of Latin America (CAF).
About LACCF 2015
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More information on the conference program can be found here