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The We Mean Business Coalition welcomes the U.S. government's principles for high-integrity voluntary carbon markets, arguing that well-designed market mechanisms are essential for directing finance toward underfunded priorities like nature-based solutions. The author notes that nature-based solutions could provide 30% or more of the mitigation needed by 2030 but currently receive less than 10% of international climate finance. The document emphasizes that the U.S. approach aligns with the need for credible credits, public disclosure, and the prioritization of emission reductions within corporate value chains. It also highlights a decline in climate finance through voluntary carbon markets in 2023, which dropped by over $1 billion compared to 2022, urging other governments to follow the lead of the U.S., Colombia, and Singapore.

The document is a participant list for the 32nd Meeting to the Conference of the Parties to the Inter-American Institute for Global Change Research, hosted by Bolivia and Canada on May 22-23, 2024. It identifies representatives from various member parties, advisory committees, and observers. Party representatives include officials from Argentina, Bolivia, Brazil, Canada, Chile, Colombia, Costa Rica, Ecuador, Jamaica, Panama, Paraguay, Peru, the Dominican Republic, the United States, and Uruguay. The list also includes members of the SAC and SPAC advisory committees, as well as observers from organizations such as the AAAS, Future Earth, and the Belmont Forum.

The document assesses the socio-environmental crises in the Amazon basin across Brazil, Colombia, and Ecuador, highlighting how extractive industries, deforestation, and poor governance impact indigenous and marginalized communities. It argues that these communities are often excluded from environmental policy-making due to a lack of local media, linguistic barriers, and safety risks for journalists. The report identifies community radio as the most effective tool for amplifying local voices, preserving traditional ecological knowledge, and promoting climate justice, while noting significant challenges such as financial instability, political interference, and the need for native-language broadcasting.

The document describes La Niña as the cool phase of the El Niño-Southern Oscillation (ENSO) cycle, characterized by the movement of cold water to the central and eastern Pacific surface. For 2024, there is an 85% chance of a transition to neutral conditions between April and June, and a 60% chance of La Niña developing by June to August. The text highlights that multi-year La Niña events are increasing in frequency, with five of the last ten occurring in the past 25 years. While La Niña temporarily lowers global average surface temperatures by about 0.1C, it does not offset human-caused warming; recent La Niña years have been among the top 10 hottest years ever. Regional impacts include drier conditions in East Africa and the southern US, and wetter conditions in Southeast Asia, India, and northern South America, affecting various crop yields and increasing the risk of floods and droughts.

The document outlines a framework for the Brazilian Sustainable Taxonomy, specifically focusing on land use activities such as crop production, cattle, and forestry. It argues for the need for harmonized, technical, and verifiable criteria to direct financial flows toward sustainable production and prevent greenwashing. The report proposes a phased implementation approach, suggests a three-tier verification system (automatic, remote, and on-site), and highlights the importance of interoperability with international standards. It also identifies critical challenges, such as defining the scope of the 'do no significant harm' (DNSH) principle and determining the appropriate level of granularity for classification (economic activity versus rural property).

The document presents the report of the IAI's 2024 Extraordinary Meeting held on March 26, 2024, via videoconference. The primary outcome of the meeting was the consensus approval of Panama's proposal to host the IAI Executive Directorate's headquarters. The report also details the transition process from the current headquarters in Uruguay, with the Executive Director requesting that operations remain active in Uruguay until July 2025 to ensure a smooth relocation.

The report analyzes national and international sustainability taxonomies to propose criteria for the Brazilian Sustainable Taxonomy's land-use sector. It highlights the high sensitivity of sustainable finance measurements to the chosen classification, demonstrating through a rural credit case study that alignment varies from 1% to 44% depending on the reference used. The authors recommend a technical, science-based approach with granular application levels and a gradual implementation roadmap to prevent greenwashing and attract international investment.

The document outlines the necessity of a Global Just Transition to phase out fossil fuels by 2050, emphasizing the disproportionate economic burden on developing nations. It proposes a framework for financing this transition through new multilateral funds, the redirection of USD 5.9 trillion in annual fossil fuel subsidies, and systemic reforms to debt, taxation, and international financial institutions.

The report analyzes the ASM value chain, from exploration to mine closure, highlighting a stark divide between rudimentary artisanal methods and more capitalized small-scale operations. It identifies critical gaps in technology for ore extraction, transportation, and beneficiation, while showcasing promising innovations in mercury-free gold processing, blockchain-based traceability, and digital mining cadastres. The document warns that while mechanization can boost yields and critical mineral supply, it risks displacing labor—particularly women—and increasing environmental degradation if not managed through inclusive policies and strategic zoning.

The report examines the environmental and health risks associated with ASGM tailings, which often contain mercury and cyanide. It finds that while large-scale mining (LSM) has robust standards, ASGM lacks specific international and regional tailings governance, relying on general mining codes that are often poorly enforced due to sector informality. The document recommends the creation of an international ASM-specific tailings standard, the implementation of strategic environmental assessments (SEAs), and the development of formalization schemes to improve waste management and recover critical minerals from tailings.

The report asserts that limiting global warming to 1.5°C requires a drastic reduction in oil and gas production, potentially between 58% and 99% by 2050. It highlights a significant 'production gap,' noting that current government plans for 2030 exceed 1.5°C-consistent levels by 29% for oil and 82% for gas. The document advocates for a 'just transition' that prioritizes phase-outs in developed and low-dependency economies while providing financial and technical support to the Global South. Key recommendations include ending new field development, reforming fossil fuel subsidies, and transforming national oil companies into clean energy entities.

The document analyzes the first Global Stocktake's signals on mitigation, adaptation, and loss and damage, highlighting the systemic challenges for the Global South. It argues that while the GST provides historic targets for transitioning away from fossil fuels and tripling renewables, it lacks concrete financial commitments. The brief emphasizes the need for the NCQG to address the 'trilemma' of climate goals, fiscal sustainability, and political feasibility by expanding fiscal space through non-debt instruments and reforming the international financial architecture.

This briefing document, prepared by the IAI Directorate, presents the report of the 2024 Extraordinary Meeting of the Conference of the Parties (CoP) to the Inter-American Institute for Global Change Research (IAI). The primary purpose of the meeting, held via videoconference on 26 March 2024, was to review and decide upon a proposal from Panama to host the headquarters of the IAI Directorate.

The IAI is requesting an operating budget of US$ 1.68 million for the 2024-2025 fiscal year, an increase from US$ 1.4 million in 2023-2024. This growth is driven by the hiring of a Director of Communications, increased travel for strategic activities, and expanded outreach efforts. To fund this, the IAI proposes increasing country contributions by 20% for 2024-2025 and 5% in subsequent years, noting that delayed payments from some Parties are currently pressuring operational capacity.

The document describes 'Como Con Eco', an educational project implemented in Colombian schools and universities to raise awareness about food resilience and climate action. Executed by the social enterprise 2811 and EAN University with funding from Fundación Botnar, the project aims to transform students into 'agents of change' by teaching them about the food production chain and sustainable systems.

The document analyzes Latin America's potential to transition to a 100% renewable electricity matrix by 2040, focusing on the role of strategic minerals and the development of regional value chains. It highlights the region's vast reserves of copper and lithium and its existing manufacturing capabilities in steel and aluminum as key competitive advantages. However, it identifies significant barriers, including insufficient geological knowledge, low refining capacity, weak industrial policies, and social conflicts related to mining and land rights. The brief recommends increasing public investment in R&D, strengthening regional cooperation through the G20 and RELAC, and implementing binding community participation to ensure a just energy transition.

The report examines several classification systems used to identify sustainable investments, including the Climate Bonds Taxonomy, the EU Taxonomy, the Colombian Green Taxonomy, and the Mexican Sustainable Taxonomy, as well as domestic Brazilian initiatives from FEBRABAN and BNDES. It provides detailed breakdowns of the technical screening criteria, eligibility requirements, and mitigation and adaptation goals for agricultural and forestry activities across these frameworks. The analysis highlights the transition from general environmental objectives to specific, measurable metrics such as GHG emission reductions and carbon stock increases, while noting the varying degrees of regulatory force—ranging from mandatory EU regulations to voluntary guides in Mexico and Colombia.

The report evaluates the expansion of Parques del Río Norte in Medellín, Colombia, finding that the project generates a return of USD 1.67 for every dollar invested over 30 years. These benefits stem from reduced flood risk, improved air quality, and economic gains in property values and retail revenue. The document recommends investing in nature-based infrastructure (NBI) and ensuring continuous maintenance to combat urban heat islands, water pollution, and river erosion.

The Kuali Fund-GCF is a blended finance programme designed to catalyze private investment for climate mitigation and adaptation in Latin America and the Caribbean. It targets small financial service providers (FSPs) and innovative climate companies to bridge the financing gap for SMEs and smallholder farmers. The fund employs a 'Green Index 3.0' to transform FSPs into 'Super Green' institutions that offer sustainable financial products. With a total financing of 128.2 million Euros, including 32.8 million Euros from the Green Climate Fund, the programme aims to avoid 2,707,455 tons of CO2 equivalent and reach over 242,000 direct beneficiaries over a 10-12 year lifespan.

The Inter-American Institute for Global Change Research reports that as of March 31, 2024, cash income reached 70% of approved contributions for the 2023-2024 fiscal year. Total expenditures for the period from July 2023 to March 2024 were US$ 832,446, which is 10.8% lower than the budgeted US$ 933,333. The report highlights a significant loss in purchasing power for Parties maintaining contributions at the US$ 5,000 level and urges those in arrears to submit voluntary contributions to ensure the Executive Directorate can fulfill its mandate.