Costa Rica hosted the Regional Meeting: Articulation and Mobilization of Investments for the Implementation of NDCs in Latin America and the Caribbean, organized by LEDS LAC, the ArticuLAC Community of Practice, NDC Partnership, the Inter-American Institute for Cooperation on Agriculture (IICA), and supported by the Central American Bank for Economic Integration (CABEI). Representatives from governments, financial institutions, international organizations, companies, and civil society gathered in August to share perspectives on accelerating the implementation of NDCs in the region.
Our General Manager, Ignacio Rebolledo, and our Director, Gerardo Canales, participated in the meeting and joined panels where they shared reflections on the challenges and opportunities for Latin American and Caribbean countries in meeting their climate commitments.
According to Ignacio, one of the keys lies in building trust and shared vision:
“Spaces like LEDS LAC are critical for fostering integration between the public sector, private sector, and academia, because they allow us to accelerate NDC implementation. In an environment of trust and collaboration, we can learn, identify challenges, and address them collectively. This isn’t the problem of a single sector—it’s a systemic issue that requires changes in our development model. And those changes demand collaboration and a systemic vision.”
He also highlighted the importance of involving the private sector and financial institutions in the discussion. NDCs are not just climate pledges: in their most recent iteration, NDC 3.0 are now investment projects, clearly showing the need to engage those who channel financing.
Gerardo emphasized the importance of realistic investment plans that translate commitments into concrete project portfolios and prioritize immediate action:
“To achieve our climate goals, both nationally and regionally, it is essential to connect conversations among the private sector, public sector, and civil society to design a clear roadmap that provides certainty and shows us the way. The LEDS LAC platform is a key space to coordinate, exchange knowledge, and, in the eyes of financial institutions and governments, unlock financing opportunities to meet the region’s climate goals.”
He also highlighted the importance of involving the private sector and financial institutions in the discussion. NDCs are not just climate pledges: in their most recent iteration, NDC 3.0 are now investment projects, clearly showing the need to engage those who channel financing.
Gerardo emphasized the importance of realistic investment plans that translate commitments into concrete project portfolios and prioritize immediate action:
“To achieve our climate goals, both nationally and regionally, it is essential to connect conversations among the private sector, public sector, and civil society to design a clear roadmap that provides certainty and shows us the way. The LEDS LAC platform is a key space to coordinate, exchange knowledge, and, in the eyes of financial institutions and governments, unlock financing opportunities to meet the region’s climate goals.”
