Regional implications of the AGF recommendations: Latin America and Caribbean region
Summary
The document highlights the LAC region's specific climate finance needs, noting a high proportion of emissions from land-use change and adaptation requirements per person that exceed those of Africa and Asia. It emphasizes the need for public sector catalysis of private investment, particularly in forestry and agribusiness, and cautions that existing official development assistance patterns may leave the region with insufficient adaptation resources.
Key insights
- The Latin America and Caribbean (LAC) region's emissions profile is distinct because emissions from land-use change, primarily deforestation, are four times the global average, making the removal of barriers to low-carbon investment in this area crucial.
- There is a strategic opportunity for the public sector to catalyze private investment for 'transformational investments' in the LAC region, specifically targeting forestry and agribusiness companies for projects that reduce deforestation emissions, which are characterized by long asset lifespans and unique risk profiles.
- The LAC region faces significant climate change adaptation needs, with per person requirements nearly twice as high as those in Africa and three times those in Asia; consequently, replicating current official development assistance patterns could result in insufficient resources for the region.
- While the AGF suggests raising funds through levies on international transport, the LAC region may have concerns regarding negative impacts, though the document suggests compensation is feasible because the region represents a small portion of global trade.
Cite the original document
- APA
- Fankhauser, S., & Ward, J. (2010). Regional implications of the AGF recommendations: Latin America and Caribbean region. Climate and Development Knowledge Network. http://cdkn.org/wp-content/uploads/2010/12/AGF-Implications-LAC-CDKN-Precis.pdf
- Chicago
- Fankhauser, Sam, and John Ward. Regional implications of the AGF recommendations: Latin America and Caribbean region. Climate and Development Knowledge Network, 2010. http://cdkn.org/wp-content/uploads/2010/12/AGF-Implications-LAC-CDKN-Precis.pdf.
- Wikipedia
- {{cite report |last1=Fankhauser |first1=Sam |last2=Ward |first2=John |title=Regional implications of the AGF recommendations: Latin America and Caribbean region |publisher=Climate and Development Knowledge Network |date=November 2010 |url=http://cdkn.org/wp-content/uploads/2010/12/AGF-Implications-LAC-CDKN-Precis.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{fankhauser2010regional, author = {Fankhauser, Sam and Ward, John}, title = {{Regional implications of the AGF recommendations: Latin America and Caribbean region}}, institution = {Climate and Development Knowledge Network}, year = {2010}, month = nov, url = {http://cdkn.org/wp-content/uploads/2010/12/AGF-Implications-LAC-CDKN-Precis.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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