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The document outlines a five-year agreement between the IAI and CICAG to strengthen scientific cooperation in the Americas. The partnership focuses on exchanging knowledge regarding climate change, biodiversity, and the role of indigenous and local communities in sustainable development. It specifies areas of cooperation including science diplomacy, open science, and South-South cooperation, while clarifying that the agreement does not create a legal partnership or joint venture.

The report examines vertical integration in National Adaptation Plan (NAP) processes, finding that while most countries reference sub-national governments and non-governmental actors, there are varying levels of integration across planning, implementation, and monitoring, evaluation, and learning (MEL) stages.

The report examines vertical integration in National Adaptation Plans (NAPs), highlighting the roles of subnational governments and non-governmental actors. Based on an analysis of 45 multisectoral NAPs, it finds that while most countries recognize subnational roles in planning and implementation, gaps remain in monitoring, evaluation, and learning (MEL) and stable financial flows to local levels. It provides recommendations for national governments, subnational authorities, development partners, and funding bodies to strengthen multi-level coordination and capacity.

This report details the activities of the Inter-American Institute for Global Change Research (IAI) Directorate from 1 July 2023 to 13 October 2023. It focuses on the implementation of decisions from the 31st meeting of the Conference of the Parties (CoP-31), specifically regarding research programs on climate-health and ocean systems, science diplomacy, and the expansion of institutional associations.

The IAI Executive Directorate has advanced several strategic mandates from CoP-31, including the launch of a climate, environment, and health research program, the establishment of an Oceans, Islands, and Coastal Regions Committee, and the expansion of scientific diplomacy initiatives. Key achievements include the distribution of initial grants to 12 research teams across 15 countries, the development of partnerships with the University of the West Indies and the Global Change Research Center in Paraguay, and the implementation of the Science, Technology, and Policy (STeP) Fellowship with 45 fellows. The Directorate is also coordinating regional efforts on the Amazon and tropical forests, as well as enhancing gender and indigenous inclusion through new advisory committees and targeted funding for underrepresented researchers.

A study by World Weather Attribution found that human-induced climate change significantly increased the intensity and likelihood of an early spring heat event in South America, which affected Argentina, Brazil, Paraguay, and Bolivia. The event, occurring approximately once every 30 years in the current climate, would have been 1.4 to 4.3 °C cooler without human-caused warming. The study notes that the likelihood of such an event has increased by at least 100 times due to climate change. Future warming of 2°C above pre-industrial levels is projected to make similar events five times more likely and 1.1 to 1.6 °C hotter. The researchers highlight a lack of heat action plans in the affected region, which increases vulnerability for the urban poor and ecosystems, despite the fact that adaptation can reduce morbidity and mortality.

The document records the disclosure of environmental and social impact assessments and management plans for an e-mobility subproject in Panama City. It confirms that the subproject is classified as Category B and that required documentation was made available in English and Spanish on the Inter-American Development Bank (IDB) website and at a physical location in Panama City to comply with Green Climate Fund (GCF) policies.

Global Witness reports that Cargill has purchased soy from farms in Bolivia where over 20,000 hectares of forest were razed since 2017. The investigation highlights a systematic failure by Cargill to collect origin data for its soy supplies, undermining its 'deforestation-free' commitments. Furthermore, a leaked company map suggests Cargill may target areas that would put over three million hectares of forest at risk. The report also identifies several global banks, including Barclays, BNP Paribas, HSBC, and Santander, as providers of billions of dollars in financing to Cargill despite their own anti-deforestation pledges.

A review of 41 multisector NAP documents reveals that transboundary climate risks are sporadically mentioned and lack a systematic approach, with most references limited to shared ecosystems like river basins. The document argues that the dominance of place-based adaptation and state sovereignty norms hinder the integration of cross-border risks, and recommends leveraging intergovernmental organizations and territorial framing to improve regional collaboration.

The sustainable debt market in Latin America and the Caribbean (LAC) reached a cumulative total of USD 154.1 billion by the end of 2022. While the region represents only 4% of global sustainable debt, these instruments account for approximately 21% of the region's total debt volume from 2019 to 2022. The market is led by Chile, Mexico, and Brazil, with a strong presence of sovereign issuers and development banks. Key trends include the rise of sustainability-linked bonds (SLBs), the emergence of 'blue bonds' for ocean conservation, and the development of national taxonomies in Colombia and Mexico to standardize sustainable investments.

The VSS+ debt market in Latin America and the Caribbean (LAC) reached a cumulative total of $154.1 billion by the end of 2022. While the market experienced a volume contraction in 2022 due to global inflation and rising interest rates, it represents approximately 21% of the region's total debt volume from 2019 to 2022. Sustainable bonds are the largest segment (35%), followed by green (28%), social (19%), and sustainability-linked bonds (SLBs) (17%). Chile, Mexico, and Brazil are the primary markets, with Chile being the only country to have issued sovereign bonds across four of the five thematic labels. The report highlights the emergence of 'blue bonds' and nature-debt swaps in the Caribbean and Ecuador, and emphasizes the need for standardized taxonomies and improved reporting transparency to attract further international capital.

The 31st meeting of the IAI Conference of the Parties (CoP-31), held in Panama City in June 2023, resulted in the adoption of 23 decisions. Key outcomes include the creation of the IAI Science Diplomacy Center, the establishment of an Indigenous Peoples and Local Communities Advisory Committee, and the mandate to develop research programs on the nexus of climate, environment, and health, as well as oceans and coastal systems. The meeting also addressed financial sustainability, noting that voluntary contributions have not increased in over 30 years, and approved the core budget for FY 2023-2024.

The 55th meeting of the IAI Executive Council focused on financial sustainability, leadership transitions, and regional climate initiatives. The Council recommended that the Conference of the Parties (CoP) approve the FY 2023-2024 Core Budget and establish a working group to increase voluntary contributions and diversify funding sources, noting that the core budget has not increased since 1992. The meeting also introduced Dr. Anna Stewart-Ibarra as the new Executive Director and Dr. Edwin Castellanos as the incoming Science Director. Additionally, the Council discussed a Regional Assessment of global change policy priorities and an initiative to enhance national climate assessment capacities in Latin America and the Caribbean.

The GCF Risk Dashboard for Q2 2023 reports that portfolio-level risks remain within Board-approved tolerances, with no non-performing loans and liquid assets at approved levels. As of 30 June 2023, the portfolio consists of 216 approved funding proposals totaling USD 12.03 billion in equivalent terms. Funding is distributed across Africa (36%), Asia-Pacific (34%), and LATAM & Car. (26%), with a focus on mitigation (41%) and adaptation (23%), alongside cross-cutting projects. The fund's commitment authority increased significantly due to a USD 1 billion contribution from the United States. While concentration risks are within limits, the portfolio is skewed toward International Accredited Entities and the 'Energy access and power generation' sector. The report also tracks several projects facing implementation delays and identifies a projected 12-month forward liquid asset portfolio of USD 8.9 billion.

The report identifies Project GAIA as a Category I-1 private sector programme operating across multiple countries in Africa, Asia, and Latin America and the Caribbean. It confirms that an Environmental and Social Management System (ESMS), which includes frameworks for land acquisition, resettlement, indigenous peoples, and biodiversity management, was disclosed on June 23, 2023, in English and several local languages.

The 31st meeting of the IAI Conference of the Parties approved the 2023-2024 operating budget and established new research mandates focusing on the nexus of climate, health, and oceans. The meeting also authorized the creation of a Scientific Diplomacy Center, the establishment of an Advisory Committee for Indigenous Peoples and Local Communities, and the invitation of the University of the West Indies and the Global Change Research Center of the National University of Asunción to join the Institute.

This document is a list of participants for the 31st Meeting of the Executive Council to the Inter-American Institute for Global Change Research, held on June 21, 2023, in Panama City and via videoconference.

The IAI Directorate reported progress in integrating gender and equity into scientific projects, enhancing the science-policy interface through the Science Diplomacy Center (SDC) and STeP fellowships, and implementing regional climate and health initiatives. Key achievements include the launch of a climate and health responder course for Latin America, the publication of a compendium on climate impacts in the LAC region, and the development of a drought information system for Southern South America. The Directorate also expanded its collaborative research actions with the Belmont Forum and established partnerships with organizations like the WMO and PAHO to improve climate risk assessments and early warning systems.

The IAI Executive Direction reports progress across science, capacity building, and strategic implementation between 2022 and 2023. Key achievements include the establishment of a Gender, Equity, Diversity, and Inclusion (GEDI) committee, the launch of the Science Diplomacy Center (SDC), and the expansion of the Science, Technology, and Policy (STeP) Fellowship program to 64 fellows from 13 countries. The IAI also advanced regional initiatives on the climate-health nexus, drought information systems in South America, and collaborative research through the Belmont Forum. Strategic partnerships were strengthened with organizations such as the World Meteorological Organization (WMO) and the Pan American Health Organization (PAHO) to enhance climate risk assessment and science-policy interfaces in the Americas.

This briefing provides an update on the Initiative for enhancing capacity for climate risk assessment and catalyzing partnerships to inform decisions in Latin America and the Caribbean (LACI). It details the initiative's progress from a scoping and partnership building phase involving 14 countries to a pilot co-design phase featuring four specific projects aimed at strengthening climate risk assessments and data interoperability in the region.