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U.S. Tariffs Hit Latin America Hard—China's Policy Response May Matter Even More
U.S. tariffs have created a mixed impact across Latin America, with Mexico and Central American countries facing the highest effective tariff rates due to their export profiles and reliance on the U.S. market. However, the authors argue that South American nations are more vulnerable to indirect spillovers from China, which is now the primary trading partner for most of the subregion. A slowdown in Chinese demand for minerals, metals, and energy products, driven by high U.S. tariffs on China, could depress regional growth and commodity prices if China fails to implement effective countercyclical fiscal and monetary policies.
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Document type: Research paper
Growing exposure and uncertain rainfall trends highlight the critical need for climate resilience in Colombia and Venezuela
The study analyzed rainfall events in Colombia and Venezuela, finding that the June 2025 floods were not meteorologically extreme, with return periods of 10 and 3 years respectively. While some data suggests a slight decrease in rainfall likelihood and intensity in a cooler climate, high uncertainty remains due to model disagreement and a lack of high-quality in-situ weather data in northern South America. The report emphasizes that vulnerability is exacerbated by informal urbanization, deforestation, and socio-economic instability, necessitating increased investment in weather monitoring and climate resilience to manage both droughts and intense downpours.
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Document type: Research paper
Climate Finance Roadmap For Livestock in Latin America and the Caribbean Annexes
The document details the methodology used to quantify investment risks (governance, financing, physical climate, market, infrastructure, and nature) and attributes (horizon, ticket size, and return) for livestock in Latin America and the Caribbean (LAC). It establishes a scoring system to match these risks with the risk tolerances of various public and private investors, while modeling how different finance and policy strategies (IFS and IFPS) could improve investor suitability. The analysis distinguishes between small-scale farms (2-10 hectares) and large-scale commercial farms (10+ hectares) across Brazil, Argentina, Mexico, and the rest of LAC, noting that small farms are primarily served by public and concessional finance, whereas large farms have better access to commercial private finance.
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Document type: Report
Climate Finance Roadmap For Livestock in Latin America and the Caribbean
The report identifies a massive funding gap for sustainable livestock in Latin America and the Caribbean (LAC), where the sector is responsible for approximately 28% of total regional emissions but receives minimal climate investment. It analyzes six key risk categories—governance, financing, physical climate, market, infrastructure, and nature—and finds that public investors are currently the most suitable for the sector due to higher risk tolerance. The roadmap proposes a transition from a 'business-as-usual' reliance on public funds to a diversified capital mix through blended finance, derisking tools (such as first-loss capital and credit guarantees), and policy reforms like natural capital accounting and improved land tenure. It specifically highlights the vulnerability of smallholder farms and the potential for large-scale farms in Brazil and Mexico to attract private investment. The report concludes with recommendations for COP 30 in Brazil to elevate sustainable livestock on the global climate agenda.
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Document type: Report
Strengthening Collaboration to Scale Climate and Development Finance
The report analyzes the complementary roles of VCEFs, MDBs, and NDBs in the climate finance architecture, focusing on financial instruments like guarantees, equity, and local currency lending. It identifies systemic barriers such as complex accreditation and slow approval processes and proposes a framework for non-financial collaboration through country platforms, technical assistance, and the creation of enabling policy environments. The document provides a set of short- and mid-term recommendations to harmonize metrics, simplify due diligence, and unlock the potential of NDBs to increase the flow of climate finance to emerging markets and developing economies.
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Document type: Report
Understanding the Quality of Climate Finance
The report argues that while the quantity of climate finance is widely tracked, its quality—defined as the degree to which it induces structural shifts toward low-emission, climate-resilient, and equitable economies—remains under-analyzed and non-standardized. It introduces a three-level analytical framework (project, market, and system) to move beyond one-off interventions toward 'transformational climate finance.' The study identifies ten dimensions for assessing transformational potential, including affordability, equity and justice, and programmatic approaches. It also reviews existing measurement tools used by institutions like the IFC, GCF, and UK ICF, noting a convergence in project-level tracking but significant fragmentation in market and system-level assessments.
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Document type: Report
Still digging 2025
The briefing reports that while new coal mine capacity additions declined by 46% in 2024, approximately 2,270 Mtpa of new capacity remains under development globally. This pipeline is heavily concentrated in China, India, Australia, and Russia, which together account for nearly 90% of proposed developments. The document highlights that if fully realized, these projects could emit 15.7 million tonnes of methane annually, significantly hindering the achievement of the Paris Agreement and IEA Net Zero scenarios. It emphasizes the prevalence of 'greenfield' projects and the high methane intensity of underground and metallurgical coal mines.
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Document type: Briefing
Indigenous Peoples in the Rio Conventions
The report details the evolving role of Indigenous Peoples in the Rio Conventions, highlighting a shift from being viewed as stakeholders to recognized rights holders. Key 2024 achievements include the creation of a permanent Subsidiary Body on Article 8(j) under the CBD, the extension of the Local Communities and Indigenous Peoples Platform (LCIPP) mandate under the UNFCCC, and the establishment of two separate caucuses for Indigenous Peoples and local communities under the UNCCD. Despite these procedural gains, the report identifies persistent challenges, including limited direct access to funding and the ongoing tension over the use of human rights language and terminology in international environmental governance.
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Document type: Report
Reform for Phasing Out Inefficient Fossil Fuel Subsidies in Latin America
The report argues that fossil fuel production subsidies in Colombia and Mexico are inefficient, as their associated environmental and value-added costs outweigh the benefits of investment. It proposes a definition of 'inefficient subsidies' that considers fiscal cost, environmental impact, and social targeting, and suggests redirecting funds to sectors like construction and agriculture to support a just energy transition.
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Document type: Executive summary
Criminal networks linked to illegal gold mining in the Brazilian Amazon
The document details how illegal gold mining in the Brazilian Amazon is sustained by a complex network of corrupt politicians, logistics providers, and international smuggling routes for mercury and aviation fuel. It highlights a systemic failure of Brazilian regulatory agencies to coordinate efforts, leading to significant gold exports lacking proper documentation. The report also establishes strong links between illegal mining and other serious crimes, including drug trafficking by organizations like the First Capital Command (PCC), forced labor, and sexual exploitation. Geographically, the illicit activity extends across borders into Guyana, French Guiana, and Venezuela, with specific hotspots identified in Roraima, Rondônia, Pará, and Amapá states.
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Document type: Fact sheet
Building Synergies Between Biodiversity and Climate
The report examines how 10 countries are integrating their climate and biodiversity commitments to maximize co-benefits and bridge the implementation of the Paris Agreement and the Kunming–Montreal Global Biodiversity Framework.
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Document type: Report
Global Solidarity Levies: A Call for Country Participation
The document argues that current development and climate finance is insufficient to meet the Sustainable Development Goals (SDGs) and the Paris Agreement, noting a $4 trillion annual investment gap for SDG implementation in developing countries. It promotes the work of the Global Solidarity Levy Task Force (GSLTF), which has proposed 16 levy options targeting undertaxed sectors responsible for carbon emissions, including aviation, fossil fuels, and financial transactions. The GSLTF estimates that these levies could potentially generate over $500 billion in annual revenue, with specific examples such as a 0.1% levy on trading stocks and bonds potentially raising $418 billion. The brief calls for developing countries to engage in the design and assessment of these levies to ensure equitable access to funds, as the recovery of these taxes generally occurs through individual national tax systems, leaving the allocation of grants to developing countries to the discretion of developed nations.
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Document type: Policy brief
SA’s child protection pledge needs NGO partners to succeed
South Africa has committed to an ambitious plan of action to prevent and respond to violence against children by 2027, including implementing parenting programmes in 52 districts and strengthening school safety via the 2024 Basic Education Laws Amendment Act. However, the authors contend that these goals are jeopardized by the Social Development Department's failure to pay NGO service providers in provinces like Gauteng and KwaZulu-Natal, as well as a lack of operational competence and clean audits at the national level. The document emphasizes that because NGOs deliver most services, the state must implement the Sector Funding Policy and adopt a holistic approach to family services to succeed.
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Document type: Statement
Global Solidarity Levies: A Call for Country Participation
The document outlines the work of the Global Solidarity Levy Task Force (GSLTF) in developing 16 tax options targeting undertaxed, high-emission sectors to bridge the trillion-dollar financing gap for Sustainable Development Goals (SDGs) and the Paris Agreement. It highlights the potential for these levies to generate over $500 billion in annual revenue and calls for developing countries to engage in the design and assessment of these mechanisms to ensure equitable access to funds. The brief details the GSLTF's efforts to build political momentum through international forums and its submission to the Baku to Belém Roadmap to support the New Collective Quantified Goal on Climate Finance.
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Document type: Policy brief
Towards Just Resource Exploitation in a Green Transition
The document argues that while Africa holds approximately 30% of the world's critical mineral reserves, the surge in demand for green minerals risks exacerbating inequalities and environmental degradation without strong governance. It advocates for a transition from rigid to progressive taxation, the development of domestic value chains (such as battery and EV component manufacturing), and the strategic reinvestment of mineral rents into climate resilience initiatives and local community development to ensure a just transition.
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Document type: Policy brief
Financing country platforms
The document outlines a framework for 'country platforms'—mechanisms to align public and private finance behind country-led plans. It identifies six elements of effective platforms, including strong political leadership and integrated planning, and details the specific contributions of domestic institutions, international public institutions, and private finance providers.
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Document type: Briefing
Strengthening the investment case for climate adaptation: A triple dividend approach
The study analyzes 320 adaptation investments totaling $133 billion across 12 countries, finding an average economic internal rate of return (EIRR) of 26.7%. Using the Triple Dividend of Resilience (TDR) framework, the authors demonstrate that benefits from induced economic development and social/environmental gains often double the value of avoided losses, meaning many investments are viable regardless of whether a climate disaster occurs. The paper highlights significant synergies between adaptation and mitigation, noting that nearly half of the evaluated projects yield GHG emission reductions. It recommends that multilateral development banks and governments adopt common reporting frameworks and disaggregate benefits to attract private capital.
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Document type: Research paper
5 things to know about the Tropical Forest Forever Facility
The Tropical Forest Forever Facility (TFFF) is a Brazilian-led initiative designed as an investment fund to provide financial incentives for tropical forest nations to protect their forest cover. By pooling public and private capital—with a target of $125 billion—the fund intends to generate annual payments of up to $4 billion, distributed at a rate of $4 per hectare of standing forest. While the TFFF aims to support Indigenous Peoples and local communities with a proposed 20% allocation of national payments, Global Witness emphasizes the need for direct fund access, legal land tenure, and stricter financial regulations to prevent private capital from continuing to fund deforestation.
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Document type: Fact sheet
Droughts in the Americas: Regional priorities, early warning systems, and sustainable development
The report details a multi-stakeholder event focused on enhancing drought resilience in the Americas. It covers the role of the UNCCD in global drought economics, WMO climate findings for Latin America and the Caribbean, the technical requirements for drought early warning systems (EWS), and case studies from the Southern Cone and the Yacyretá hydroelectric plant. The document emphasizes the need for science-policy integration, innovative financing models involving the private sector, and the use of science diplomacy to coordinate regional responses to climate-driven water scarcity.
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Document type: Report
Las sequías en las Américas: prioridades regionales, sistemas de alerta temprana y desarrollo sostenible
The document details a multi-stakeholder event focused on drought resilience in the Americas, highlighting the critical role of Early Warning Systems (EWS) and the need for better integration between scientific research and public policy. It discusses global trends in drought frequency, regional climate impacts in Latin America and the Caribbean, and specific case studies such as the SISSA project in the Southern Cone and water management at the Yacyretá hydroelectric plant. The report emphasizes the importance of scientific diplomacy, innovative financing models involving the private sector, and the necessity of co-designing climate services with end-users to ensure sustainability and effectiveness.
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Document type: Report