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

    Speakers:

    South Regional Manager, CAF- development bank of Latin America

    Secretary of Industry and Productive Development, Argentina

    Secretary of Climate Change, Sustainable Development and Innovation of the Nation

    Jorge Srur

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    Jorge Srur

    South Regional Manager, CAF- development bank of Latin America

    He has a degree in Political Science from the Catholic University of Córdoba, specializing in Management and Control of Public Policies. He is currently a professor of Human, Economic and Social Development at the Austral University School of Government. He has held different positions in the government of Argentina, he worked at the IDB as Senior Specialist in Modernization of the State, and at CAF as main executive of the Directorate of Institutional Development. He was an Eisenhower Fellow and is a member of the board of the Instituto de Cultura Argentina - Norteamericana.

    Ignacio de Mendiguren

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    Ignacio de Mendiguren

    Secretary of Industry and Productive Development, Argentina

    Cecilia Nicolini

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    Cecilia Nicolini

    Secretary of Climate Change, Sustainable Development and Innovation of the Nation

    Cecilia Nicolini es una consultora internacional con más de 13 años de experiencia trabajando con gobiernos, políticos y organizaciones en América Latina y Europa, asesorándolos en temas como comunicaciones, crisis, elecciones, marca internacional, desarrollo empresarial, emprendimiento social e innovación. Entre otros, ha dirigido una campaña presidencial, asesoró a gobernadores y alcaldes y organizó elecciones para una organización internacional.

    Forum opening

    Speakers:

    President, Bank of Investment and Foreign Trade (BICE)

    Vice President of Corporate Governance and Sustainability, Banco do Brasil

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

    Mariano de Miguel

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    Mariano de Miguel

    President, Bank of Investment and Foreign Trade (BICE)

    José Ricardo Sasseron

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    José Ricardo Sasseron

    Vice President of Corporate Governance and Sustainability, Banco do Brasil

    Jorge Arbache

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    Jorge Arbache

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

    Panel 1: Global Perspective and Carbon Market Trends

    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-.

    Speakers:

    Official, UNFCCC Programs

    Director, Climate Action Reserve (CAR) in Latin America

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

    Sector Leader in Green Finance, Inter-American Development Bank (IDB)

    Director General, IICA

    Manager of the Climate Change and Natural Resources Program, IICA

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

    Daniel Galván

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    Daniel Galván

    Official, UNFCCC Programs

    Amy Kessler

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    Amy Kessler

    Director, Climate Action Reserve (CAR) in Latin America

    Camilo Trujillo

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    Camilo Trujillo

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

    Tatiana Cneio Alves (TBC)

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    Tatiana Cneio Alves (TBC)

    Sector Leader in Green Finance, Inter-American Development Bank (IDB)

    Manuel Otero

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    Manuel Otero

    Director General, IICA

    Kelly Witkowsky

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    Kelly Witkowsky

    Manager of the Climate Change and Natural Resources Program, IICA

    Alicia Montalvo

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    Alicia Montalvo

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

    É, desde setembro de 2020, Conselheira Chefe do Escritório Econômico e Comercial da Embaixada da Espanha na Colômbia, representando também a ICEX Espanha Exportação e Investimento. Anteriormente, desde setembro de 2017, é Diretora Executiva para a Espanha no Banco Interamericano de Desenvolvimento, com sede em Washington. É licenciada em Economia pela Universidade de Valência e Mestre em Administração Pública MPA2 pela Universidade de Harvard (1992) (Bolsa Fulbright).
    Técnica Comercial e Economista do Estado do Governo de Espanha, desde 2014 exerce o cargo de Diretora Geral da ICEX Espanha Exportação e Investimento, do Ministério da Economia e Competitividade, com responsabilidade pelos serviços às empresas, programas de formação, cooperação institucional e transformação digital . Anteriormente, desde 2012, foi Diretora de Infraestruturas, Ambiente, Energia e TIC desta mesma entidade. De 2008 a 2012, foi Diretora Geral do Escritório Espanhol de Mudanças Climáticas do Ministério do Meio Ambiente espanhol, onde foi responsável, entre outros, pelo processo de negociação internacional sobre mudanças climáticas nas COPs da Convenção-Quadro das Nações Unidas e em os fóruns da União Europeia. Ele também foi membro do Comitê de Transição responsável pela criação do Fundo Verde. Anteriormente, desenvolveu sua carreira no Ministério de Economia e Finanças da Espanha, sendo Diretora Geral Adjunta de Economia Internacional e, como tal, membro dos Comitês de Política Econômica da União Europeia e da OCDE por seis anos. Foi também Diretora de Política Comercial e Investimentos Estrangeiros, responsável pelo Fundo de Assistência ao Desenvolvimento e Diretora Geral Adjunta de Gestão da Dívida Externa e Avaliação de Projetos, lançando os primeiros programas de conversão de dívida em investimento. Foi professora associada na Universidade Carlos III de Madrid, no Departamento de Economia Aplicada, leccionando a disciplina de Economia dos Recursos Naturais (1993-2000).

    Panel 2: Challenges in the Region

    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-.

    Speakers:

    Expert of the Climate Center, Federal University of Rio de Janeiro

    Associate Partner, McKinsey

    Mitigation Coordinator, Ministry of Environment and Sustainable Development of Colombia

    Director of Climate Change, Ministry of the Environment of Panama

    Director of Climate Change, Ministry of Environment and Sustainable Development, Argentina

    Advisor to the Undersecretary of Finance of Chile

    Luan Dos Santos

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    Luan Dos Santos

    Expert of the Climate Center, Federal University of Rio de Janeiro

    Tatiana Sasson

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    Tatiana Sasson

    Associate Partner, McKinsey

    Adriana Gutierrez

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    Adriana Gutierrez

    Mitigation Coordinator, Ministry of Environment and Sustainable Development of Colombia

    Ligia Castro

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    Ligia Castro

    Director of Climate Change, Ministry of the Environment of Panama

    Florencia Mitchell

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    Florencia Mitchell

    Director of Climate Change, Ministry of Environment and Sustainable Development, Argentina

    José Miguel Alvarado

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    José Miguel Alvarado

    Advisor to the Undersecretary of Finance of Chile

    Case study: Microsol - Peru

    Speakers:

    CEO, Microsol

    Dorothee Pie

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    Dorothee Pie

    CEO, Microsol

    Break

    Panel 3: Integrity and Pricing

    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

    Speakers:

    Director of Impact Assessment at CAF -Development Bank of Latin America

    Policy Associate at VCMI

    CAF Consultant, General Principles and Criteria for Projects

    Sales Vicepresident, Sylvera

    Project Data Manager, Viridios AI

    Daniel Ortega

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    Daniel Ortega

    Director of Impact Assessment at CAF -Development Bank of Latin America

    Daniel E. Ortega is director of impact assessment at CAF -development bank of Latin America- and associate professor at IESA in Caracas. His work focuses on the microeconomics of development, with an emphasis on impact assessment for crime reduction, educational programs, and public capacity. His research has been published in several international journals. He has a PhD in Economics from the University of Maryland in the USA and is an Economist from the Central University of Venezuela. See publications

    George Hodgetts

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    George Hodgetts

    Policy Associate at VCMI

    Frederick Perron-Welch

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    Frederick Perron-Welch

    CAF Consultant, General Principles and Criteria for Projects

    Mathew Greninger

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    Mathew Greninger

    Sales Vicepresident, Sylvera

    María Elisa Vollmer

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    María Elisa Vollmer

    Project Data Manager, Viridios AI

    Closing Remarks

    Speakers:

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

    Gladis Genua

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    Gladis Genua

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

    Directora Representante de CAF en Bolivia