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The report argues that non-metallic minerals—such as sand, gravel, and potash—differ from metallic minerals due to lower revenue potential, stronger domestic economic linkages, and a lack of benchmark prices for many varieties. It proposes a typology for royalties and transfer pricing based on a mineral's export propensity, price volatility, and the availability of benchmark prices. Key recommendations include using unit-based royalties for low-value construction materials to minimize administration costs, and ad-valorem royalties for high-value exports like graphite and potash to maximize revenue. The document also addresses cross-cutting issues such as environmental taxation, the formalization of artisanal mining through lower tax burdens, and the risks associated with tax incentives and export restrictions.

The Panama Declaration emphasizes science diplomacy as a critical mechanism for regional and global collaboration to tackle global change and achieve the 2030 Agenda's Sustainable Development Goals. It calls for the inclusion of underrepresented groups, the promotion of open science, and the creation of transdisciplinary networks to ensure public policies are based on scientific evidence and socio-cultural contexts.

The Panama Declaration emphasizes the role of science diplomacy in the Americas to foster regional and global collaboration, promote evidence-informed public policies, and include underrepresented groups in scientific research and diplomacy to address global change and the 2030 Agenda's Sustainable Development Goals.

The workshop, held in September 2025, focused on linking local leadership with global climate frameworks. Through case studies from India, South Africa, and Ethiopia, participants identified the necessity of community ownership, political will at the national level, and the use of the COP30 Action Agenda to scale locally-led solutions. The event concluded that a global Just Transition must be grounded in local realities and supported by international mechanisms for finance and knowledge sharing.

The report analyzes the first round of Biennial Transparency Reports (BTRs) under the Paris Agreement's Enhanced Transparency Framework, focusing on the voluntary adaptation sections (A-BTR). By reviewing 10 diverse countries, the authors find that while there is strong commitment to reporting, most countries lack comprehensive monitoring, evaluation, and learning (MEL) systems, leading to a gap in evidence regarding the actual effectiveness of adaptation actions. The report highlights significant reporting gaps for Small Island Developing States (SIDS) and Least Developed Countries (LDCs), a lack of gender equity and social inclusion (GESI) integration, and insufficient transparency regarding financial flows.

The 33rd meeting of the IAI Conference of the Parties (CoP-33) in Asunción, Paraguay, focused on strengthening regional scientific cooperation to address global environmental change. Key outcomes include the adoption of the Asunción Declaration on Water Security, Biodiversity, and Climate Resilience, the establishment of the Indigenous People Advisory Committee (IPAC), and the launch of new transdisciplinary and science diplomacy curricula. The meeting also addressed funding uncertainties for Belmont Forum Collaborative Research Actions (CRAs) and approved the appointment of the World Meteorological Organization (WMO), the American Geophysical Union (AGU), and the Venezuelan Institute for Scientific Research (IVIC) as Associates. A special session on Paraguay highlighted the increasing intensity of droughts and wildfires, emphasizing the need for improved early warning systems and the integration of science into diplomatic negotiations for water management.

The agreement between LA Referencia and the Inter-American Institute for Global Change Research (IAI) focuses on strengthening open science capacities in Latin America and the Caribbean. The partnership aims to align IAI's 2024–2030 Strategic Plan—which includes developing a digital infrastructure for open data by 2026—with LA Referencia's existing digital infrastructure for scientific publications. Key areas of cooperation include joint capacity-building programs, collaborative funding proposals, and improved regional communication mechanisms.

The IMO's new Net-Zero Framework is criticized as a 'defeat for the climate' because it replaces a universal carbon levy with a hybrid fuel standard and weak carbon pricing. The author contends that the scheme will only reduce emissions by about 10% by 2030—half of the IMO's own base target—and will generate insufficient revenue ($11-12 billion annually) to support the transition to zero-emission fuels, which requires $12-24 billion per year.

The Inter-American Institute for Global Change Research (IAI) has issued a draft Declaration of Asunción on Water Security, Biodiversity, and Climate Resilience in the Americas. The document invites IAI Parties, Associates, and advisory committees to review and formally endorse the declaration during the 33rd Conference of the Parties (CoP-33) in Asunción, Paraguay, from 29-30 May 2025. The declaration is intended to advance scientific collaboration and policy action regarding the intersection of water, biodiversity, and climate resilience, aligning with Theme 2 of the IAI’s Scientific Agenda.

The IAI is seeking nominations for its Expert List to provide technical consultation to regional stakeholders. Nominees must possess authoritative knowledge in one of eight strategic scientific themes: food security, energy security, water security, biodiversity and ecosystem services, climate action, health and wellbeing, poverty and equity, or clean air, water and soils. The list currently includes former and current members of the Scientific Advisory Committee (SAC) and the Science and Policy Advisory Committee (SPAC), as well as IAI-funded researchers. Nominations must be submitted by June 6, 2025.

The Inter-American Institute for Global Change Research (IAI) is expanding its Expert List to provide regional actors with a curated directory of professionals for technical consultations. Nominees must possess authoritative knowledge in one of eight priority themes: Food Security, Energy Security, Water Security, Biodiversity and Ecosystem Services, Climate Action, Health and Well-Being, Poverty and Equity, or Clean Air, Water, and Soils. The list currently comprises investigators from IAI-funded projects and members of the Scientific Advisory Committee (SAC) and Science-Policy Advisory Committee (SPAC). Parties must submit nominations by 6 June 2025.

The report finds that while carbon markets have the potential to generate social and economic benefits for LMIC communities, current impacts are often suboptimal or negative due to poor project design and governance. Agricultural and energy efficiency projects generally show higher potential for positive community impact than pure forest conservation projects, which often restrict access to vital resources. Key barriers include low carbon prices in voluntary markets, delayed payments, and the exclusion of women due to land tenure structures. Positive outcomes are linked to pro-poor design, inclusive governance, higher carbon prices for co-benefits, and adherence to stringent standards like the CCB Standard.

The Inter-American Institute for Global Change Research (IAI) has appointed five representatives from Canada, Colombia, Guatemala, Ecuador, and Peru to its new Indigenous Peoples Advisory Committee (IPAC). The selection follows a call for candidates open from February 5 to March 19, 2025, which received 14 applications from across the Americas. The selected members were chosen for their ability to integrate indigenous and western knowledge systems to address global environmental change.

In 2024, global coal power capacity increased by 18.8 GW, as 44.1 GW was commissioned and 25.2 GW retired. While the EU27 saw a fourfold increase in retirements and the UK completed its coal phaseout, global progress was offset by significant expansion in China and India. China commissioned 30.5 GW (70% of the global total) and saw 94.5 GW in new construction starts. India recorded its highest-ever level of new coal proposals at 38.4 GW. Conversely, coal proposals in OECD countries dropped from 142 in 2015 to five today, though retirements in these nations must triple to align with the Paris Agreement.

Latin American civil society organizations have written to UNFCCC Executive Secretary Simon Stiell expressing concern that the first 2025 Climate Week, scheduled for May 19-23 in Panama City, lacks a regional focus and restricts the participation of non-State stakeholders. While praising the event's focus on ambition and implementation, the signatories argue that the current set of mandated events is not open enough to civil society, research organizations, and the private sector. They emphasize the importance of regional momentum and the role of the Escazu Agreement in fostering environmental activism in the region.

This report provides an update on the establishment of the permanent headquarters for the Directorate of the Inter-American Institute for Global Change Research (IAI) in Panama.

The IAI Executive Directorate is currently operating from provisional offices in Panama's City of Knowledge, with permanent offices expected to be fully functional following the formalization of a Headquarters Agreement with SENACYT. Financial operations remain based in Uruguay pending the opening of a bank account in Panama.

In 2024, the world commissioned the lowest amount of new coal capacity in twenty years (44 GW), though global capacity still saw a net increase of 18.8 GW. While the EU27 quadrupled its retirements and the UK closed its last coal plant, China and India saw record construction starts and proposals, respectively. Outside these two nations, development capacity has fallen for ten consecutive years. In Latin America, new proposals are nearly zero, though Brazil continues to provide significant government subsidies to keep existing plants operational despite the competitiveness of renewables.

In 2024, global coal power reached a 20-year low in new capacity additions (44 GW), though the total global fleet still grew by 18.8 GW. While the EU27 saw a fourfold increase in decommissioned capacity and the UK closed its last coal plant, China saw record construction starts (94 GW) and India proposed record new capacity (38 GW). Russia has emerged as a leading developer of new coal projects, ranking fifth globally for development capacity, with plans focused on Siberia and the Far East to support energy demand and the domestic coal industry.

The document examines the interdependence of climate and biodiversity, arguing that current international policy regimes operate in silos. It identifies risks where climate mitigation (such as bioenergy monocultures or transition mineral mining) harms biodiversity, and opportunities where ecosystem restoration provides mutual benefits. The authors recommend establishing a formal work programme or technical expert group under the UNFCCC to coordinate with the CBD, improving the science-policy interface between the IPCC and IPBES, and addressing the double-counting of synergistic finance reported by OECD DAC members.