Regional implications of the AGF recommendations: Latin America and Caribbean region

This executive summary outlines the implications of the United Nations Secretary’s High-Level Advisory Group on Climate Finance (AGF) recommendations for the Latin America and Caribbean (LAC) region, focusing on funding gaps, emissions profiles, and investment strategies.

• The Latin America and Caribbean (LAC) region faces a significant shortage of resources for climate compatible development, though the AGF report suggests several reliable methods to reduce this funding gap.
• The LAC region's emissions profile is distinct because emissions from land-use change, primarily deforestation, are four times the global average. While momentum is increasing, progress on investment frameworks to reduce these emissions has been slow, and overcoming these barriers is essential for low-carbon investment.
• There is a priority to use the public sector to catalyze private investment for 'transformational investments,' specifically targeting forestry and agribusiness companies for projects reducing deforestation emissions, which often have unique risk profiles due to long asset lifespans.
• The LAC region may have concerns regarding AGF proposals to raise funds via levies on international transport. However, because the region represents a small but growing share of global trade, the document suggests it should be possible to provide compensation for negative impacts while still securing climate finance.
• The LAC region's per person adaptation needs are nearly twice as high as those in Africa and three times those in Asia. There is a risk that the region will receive insufficient resources if the disbursement of adaptation funds follows existing official development assistance patterns.

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} }