Updated: Oct 24
CCAP will host and participate in 3 official Action Hub events at LACCW 2023
WASHINGTON, D.C. – The road to COP28 continues, as CCAP is set to host and participate in three official Action Hub events at the United Nations Framework Convention on Climate Change’s (UNFCCC) 2023 Latin America and the Caribbean Climate Week (LACCW) taking place from October 23-27 in Panama City, Panama, at the Marriot Panama Hotel. Each of CCAP’s Action Hub events will mark the official launch of three new initiatives, including:
Hosted by the government of Panama, LACCW is a platform for policymakers, practitioners, businesses, academia and civil society to discuss climate solutions, barriers and opportunities presented throughout the region. The event encourages regional contributions from an array of actors to the first Global Stocktake of the Paris Agreement. It will feature virtual components and live online streaming for various activities to allow for broad, inclusive and transparent participation. An estimated 4,000 participants from across the region are expected to gather in Panama City for LACCW.
Representing CCAP in Panama during this week-long event will be Climate Finance and Carbon Markets Director Sebastián Lema, Sr. Climate Finance Associate Adriana Bazán Fuster and Research Analyst Ana Him. CCAP will be engaging with regional LAC stakeholders throughout LACCW, as we invite all in-person and virtual attendees to take part in this opportunity to advance our collective efforts towards the goals of the Paris Agreement and accelerate the transition to a net-zero, climate resilient future.
CCAP will host and participate in the following official Action Hub events during LACCW. All Action Hub events will take place on-site and will also be livestreamed using the links provided below (coming soon) for virtual attendees to participate. Each Action Hub event is 30 minutes in length, and a full list of the events during LACCW can be found in the official program here.
CCAP and the Climate Finance Group for Latin America and the Caribbean (GFLAC) will launch the LAC Taxonomies Observatory during LACCW. Given the climate crisis in the LAC region, the growing need to align financial flows and the speed in which investments must meet climate and environmental objectives, the LAC Taxonomies Observatory will serve as an information system that disseminates and provides knowledge on sustainable finance taxonomies. The Observatory seeks to encourage the design of sustainable finance taxonomies so that they are compatible at the international, regional and national levels, aligned with sustainable development and promoting regulated adoption, based on environmental, social and climate safeguards.
The event will feature a “Ted-Talk-style” presentation emphasizing the importance of achieving compliance with Article 2.1.c of the Paris Agreement on aligning public and private financial flows with low-carbon and climate-resilient development. This will be followed by a discussion on the need for a Sustainable Finance Taxonomies Observatory in Latin America and the Caribbean. The audience will have a chance to ask questions to the host organizations to help build the Observatory, based on its lines of action and to join the mission and activities carried out within the Observatory.
Please come and join us in-person or virtually and be part of a network that encourages and promotes research, advocacy and knowledge sharing in the development and implementation of taxonomies in the LAC region.
Title: “Too Good to Waste: Initiative to Mitigate Methane Emissions from the Waste Sector in Latin America and the Caribbean”
Date: Tuesday, Oct. 24
Time: 1:45 p.m. (GMT-5)
Location: Action Hub, Marriot Panama Hotel
The Too Good to Waste program will be launched during LACCW by the Inter-American Development Bank (IDB), the Global Methane Hub, CCAP, ImplementaSur and in articulation with the Canadian Government (Environment and Climate Change Canada). The goal of the program is to accelerate the implementation of solid waste management projects that reduce methane emissions in the LAC region. This will contribute to the goal established by the Global Methane Pledge of mitigating at least 30% methane emissions by 2030. This initiative will support countries in achieving this objective by measuring and tracking emissions, preparing demonstrative bankable projects for methane mitigation, establishing financial strategies for sustainable projects, building capacity and sharing knowledge. The launch event will guide the public through storytelling about the relevance of the initiative while encouraging engagement. Each speaker will narrate one part of the story by providing an answer to the following questions:
Why is mitigating methane our best chance at keeping the world below 1.5ºC?
Why is the waste sector in Latin America and the Caribbean key to methane mitigation?
From a resource perspective, what do we mean by, “Too Good to Waste?”
Why alliances are a must and how can other actors engage?
This event marks the official launch the new Community of Practice (CoP) on the reduction of methane emissions from organic sources, which will be hosted under the existing LEDS LAC platform (www.ledslac.org) and the Recycle Organics framework. This CoP is funded by the Global Methane Hub and implemented in collaboration between LEDS LAC, CCAP and ImplementaSur. This collaboration builds on each of the partners´ strengths and capacities, combining LEDS LAC´s experience in organizing and facilitating communities of practice with the technical knowledge and expertise from the Recycle Organics partner organizations (ImplementaSur and CCAP). The CoP will have a focus on promoting methane emission reductions from organic waste, considering the needs and opportunities to support these reductions beyond waste management with a circular economy approach. The members of the CoP will include key policymakers from national and municipal governments, project developers and technical organizations from LAC countries. Ultimately, The CoP seeks to drive positive change in the region by fostering cooperation, sharing best practices, lessons learned and innovative approaches to accelerate action to address methane emissions from organic waste management, thereby contributing to sustainable development and a greener future for Latin America and the Caribbean.
Also, during LACCW, CCAP will be participating in the first dialogue on the Enhanced Transparency Framework (ETF) workshop for the countries in the LAC region, which will take place in the Contadora I room from October 26-27. Co-hosted by the Initiative for Climate Action Transparency (ICAT) and the UNFCCC secretariat, the LAC ETF Dialogue will provide a space for in-depth exchanges on transitioning to the ETF and strengthening transparency frameworks to achieve national priorities and advance global objectives. CCAP will co-host a session on “Tracking Climate Finance to Facilitate Mobilization of Necessary Resources for Climate Action,” on the second and final day of the workshop (Friday, October 27).
More on the UNFCCC’s Regional Climate Weeks
The UNFCCC’s Regional Climate Weeks inspire individuals and organizations to become part of the momentum created by the Paris Agreement. It is a unique collaborative platform where both governments and non-governmental organizations stakeholders gather to address the gamut of relevant climate issues under one umbrella.
These Climate Weeks bring together diverse stakeholders in the public and private sectors around the common goal of addressing climate change leading up to the annual Conference of the Parties (COP).
Climate Weeks also include series of events that provide space for grassroot exchanges of knowledge and following best practices across the region on:
The implementation of Nationally Determined Contributions (NDCs)
National Adaptation Plans (NAPs)
Sustainable Development Goals (SDGs)
Global Climate Actions (GCA).
Every year, these events are held across the following regions: Africa, Latin America and the Caribbean, Asia-Pacific and the Middle East and Northern Africa.
The first Global Stocktake will conclude at COP28 in the United Arab Emirates this December. The Stocktake offers a unique opportunity to call for decisive change and is an opportunity to urgently respond to the need to accelerate progress by collectively embarking on a swift and deep transformation of our economic and social systems.
The Regional Climate Weeks consider four major systems-based tracks by providing region-focused contributions to inform the Global Stocktake:
Energy systems and industry
Cities, urban and rural settlements, infrastructure and transport
Land, ocean, food and water
Societies, health, livelihoods and economies.
CCAP’s Road to COP28
The launch of these three new initiatives and our overall involvement during LACCW is pivotal to CCAP’s climate policy ambition, momentum and action as we continue our journey to COP28. CCAP works to create applicable policies, directly implementing actions with governments, communities, the private sector, civil society and public institutions.
Methane mitigation is recognized as the single most effective strategy to reduce global warming in the short term, leading over 150 countries to sign the Global Methane Pledge. CCAP is actively working with country signatories around the world to identify and accelerate methane mitigation projects in the waste sector to help them achieve their methane pledge. This work will also contribute to raising the ambition of waste sector targets in country NDCs.
CCAP is currently advancing policy solutions to accelerate transformative climate finance by mobilizing financial resources from the public and private sector. With the New Collective Quantified Goal (NCQG), CCAP is advocating to operationalize and implement Article 2.1(c) of the Paris Agreement to:
Enhance the transparency of public and private finance alignment to the Paris Agreement
Accelerate finance for mitigation, adaptation and climate resilience
Signal financial market participants to align financial flows toward a shift from brown to green investments.
Additionally, CCAP is advocating for Article 6 of the Paris Agreement by supporting governments and communities in implementing carbon markets to achieve their climate goals and to help improve their NDCs. This includes:
Developing a holistic vision of the markets
Providing practical solutions about how to address robust accounting
Helping to ensure a guarantee that the markets are used as tools for local governance and development to strengthen equity amongst local communities.
CCAP’s mission is to support every step of climate action, from ambition to implementation. A recognized world leader in climate policy and action, CCAP creates innovative, replicable climate solutions, strengthens capacities, and promotes best practices across the local, national, and international levels to accelerate the transition to a net-zero, climate resilient future. CCAP was founded in 1985 and is based in Washington, DC.