Toward Climate Finance Reporting Systems in Latin America

The document highlights the difficulty of tracking climate finance in Latin America due to fragmented funding channels and inconsistent definitions of key terms. It presents data from the Climate Finance Group for Latin America and the Caribbean (GFLAC) showing that international public climate finance for eight countries between 2010 and 2015 primarily consists of loans and is skewed toward mitigation over adaptation. The authors call for mutually agreed definitions, clear reporting guidelines, and capacity building within national governments to improve the collection and use of climate finance data for decision-making.

• Tracking climate finance in Latin America is hindered by the fragmented nature of global funding, which flows through four primary public channels: bilateral agreements, multilateral climate funds, multilateral development banks, and national government budgets.
• Existing assessments of climate finance in the region often conflict because they use different timelines (such as fiscal versus calendar years) and differing definitions for terms like 'climate finance' and 'climate adaptation'.
• Analysis of international public climate finance across eight Latin American countries (Argentina, Bolivia, Chile, Ecuador, Guatemala, Honduras, Nicaragua, and Peru) between 2010 and 2015 shows that 74.9% of the total 5,570 million USD received were loans, and 39.5% was allocated to mitigation compared to 26.0% for adaptation.
• To improve reporting, the region requires mutually agreed definitions for climate finance, mitigation, and adaptation, as well as the development of effectiveness indicators and increased national capacity to interpret data for resource allocation.

APA

Guzmán, S., Moncada, A., Canales, N., Castillo, M., & Guillén, T. (n.d.). Toward Climate Finance Reporting Systems in Latin America. Stockholm Environment Institute. https://www.sei.org/mediamanager/documents/Publications/SEI-2017-AdaptationWatch-1-rvsd.pdf

Chicago

Guzmán, Sandra, Alin Moncada, Nella Canales, Mariana Castillo, and Tania Guillén. Toward Climate Finance Reporting Systems in Latin America. Stockholm Environment Institute, n.d. https://www.sei.org/mediamanager/documents/Publications/SEI-2017-AdaptationWatch-1-rvsd.pdf.

Wikipedia

{{cite report |last1=Guzmán |first1=Sandra |last2=Moncada |first2=Alin |last3=Canales |first3=Nella |last4=Castillo |first4=Mariana |last5=Guillén |first5=Tania |title=Toward Climate Finance Reporting Systems in Latin America |publisher=Stockholm Environment Institute |url=https://www.sei.org/mediamanager/documents/Publications/SEI-2017-AdaptationWatch-1-rvsd.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{guzmnndtoward, author = {Guzmán, Sandra and Moncada, Alin and Canales, Nella and Castillo, Mariana and Guillén, Tania}, title = {{Toward Climate Finance Reporting Systems in Latin America}}, institution = {Stockholm Environment Institute}, url = {https://www.sei.org/mediamanager/documents/Publications/SEI-2017-AdaptationWatch-1-rvsd.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }