What's at stake for Latin America and the Caribbean at COP28 in Dubai?
3 latin american solutions against climate change
For the first time in history, Latin America and the Caribbean will have a unique space at the Climate Summit
Latin American and Caribbean Pavilion at COP28 "We are a solution"
Latin America and the Caribbean is a diverse region that has faced the most challenging effects of climate change in recent years. Achieving green, fair, and inclusive economic development requires joint work on climate action and the protection of biodiversity to position our countries as drivers of solutions to global problems.
For all these reasons, CAF promotes a unique space with the Pavilion for Latin America and the Caribbean, with which it seeks to facilitate the exchange of experiences, join forces, explore opportunities for collaboration, and increase the visibility of the solutions offered by the countries as a whole.
Why Latam and the Caribbean is a solution region?
Biodiversity and forests
Latin America has 40% of the biodiversity and more than 25% of the world's forests
The region provides 14% of global food production.
Latin America and the Caribbean plays a crucial role in the energy transition.
The Argentine and Chilean Patagonia, with dry steppes endangered by fires and humid Patagonian forests in the mountains, faces challenges. The steppes suffer due to livestock farming, and the forests, rich in biodiversity with 84 mammal species, are threatened by invasive species.
Páramos, high mountain ecosystems in the Andes known for their high biodiversity and endemism but also for their ecological fragility, are vital for 85 million people, providing water to cities like Bogotá and Quito.
FORESTS OF TUMBES, CHOCO AND MAGDALENA
The Tumbesian dry forest faces environmental and social threats. The Chocó, rich in biodiversity and endemism, suffers from deforestation. The Magdalena River basin, crucial for Colombia, is experiencing erosion and pollution, impacting its rich aquatic biodiversity and dependent populations.
The Atlantic Forest, originally covering 130 million hectares in Brazil, Paraguay, and Argentina, now retains less than 10% due to deforestation. Reduced to scattered fragments, it is one of the world's most threatened biomes according to UNESCO.
MESOAMERICAN BIOLOGICAL CORRIDOR
Connecting natural areas in Central America and southern Mexico, it is essential for species migration. Home to 7-10% of terrestrial species, it requires collaboration with local communities for sustainable conservation.
Mangroves, crucial for 70% of marine organisms, provide ecosystem services worth USD1.6 millions annually. In Latin America and the Caribbean, 72% are protected, exceeding the global average of 42% for mangroves in protected areas
The Amazon, holding 16-20% of the planet's freshwater and 25% of its biodiversity, along with thousands of species, is experiencing rapid deforestation, affecting all countries sharing this biome. Climate change intensifies forest loss, altering the water cycle and threatening its vital function.
The Humboldt Current, rich in biodiversity, ranks Peru and Chile among the top 10 fishing producers. It provides 20% of fish catches and is home to 1000 species. Its high productivity attracts industrial and artisanal fishing, oil activities, and coastal development.
GREAT CHACO AND PANTANAL
The Gran Chaco and the Pantanal, vital in South America, host unique biodiversity and provide ecosystem services. The Chaco, a major carbon reserve, is crucial for indigenous communities, and the Pantanal, the largest freshwater wetland on the planet, faces threats like deforestation and agricultural expansion.
percentage of world forests
found in the region
is the percentage of GHG gas emissions
for which Latam and the Caribbean are responsible
of species worldwide are in extinction
due to habitat loss and biological invasions
natural capital per inhabitant contracted
in the region only between 1990 and 2014
The agenda of Latin America and the Caribbean at COP28
From November 30 to December 11
Find out more about the events taking place in the Latin American and Caribbean pavilion at COP28.