Latin America & Caribbean Network
Our goals
The objective of the GFANZ Latin America and Caribbean (LAC) Network is to bring together the financial sector across LAC economies to accelerate the global transition.
Key strategic priorities include:
- Building capacity for transition finance and develop scalable financing solutions through partnerships
- Enabling capital mobilization to address LAC’s investment gap
- Growing the reach and tailored programming of the Network through country-tailored engagement
Resources
About
Latin America and the Caribbean contribute less than 10% of global greenhouse gas emissions and yet is one of the most vulnerable regions to a diverse set of climate-related risks. However, it is also well positioned to take advantage of climate-related opportunities and help to lead global climate solutions; from the region’s tropical primary rainforests which, if protected from deforestation, are critical for carbon storage and biodiversity, to the vast potential of expanding renewable energy including wind, solar and geothermal, for energy security and sustainability.
The GFANZ Latin America & Caribbean Network works with local financial institutions to accelerate efforts to ultimately unlock climate finance in the region, including through supporting financial institutions on planning for the transition and implementing climate targets, building capacity and engaging with policymakers on actions to accelerate finance mobilization, and in-depth content on region-specific priorities.
Brazil Country Chapter
The Brazil Country Chapter builds upon domestic momentum on climate, linking to regional and global energy transition efforts. It works on issues that are particularly relevant to Brazilian financial institutions that are committed to supporting the transition to a sustainable economy and also GFANZ’s broader work in Brazil, including efforts to mobilize capital in support of the Brazil Climate & Ecological Transformation Investment Platform.
The chapter’s official announcement was made on February 26th in São Paulo, with Mark Carney, representatives of global and regional GFANZ governance bodies, and partners across Brazil participating.
Caribbean Chapter
The Caribbean chapter focuses on addressing local barriers to increasing private sustainable investment in the region. It engages with key partners to identify high-potential projects where private finance can drive growth and decarbonization, and supports capacity building for Caribbean financial institutions by helping them strengthen practices around risk management, transition planning, and disclosures.
Additionally, it works with regional partners such as the Caribbean Climate Smart Accelerator to connect project developers, policymakers, and governments, creating a network of engaged stakeholders.
The Caribbean Chapter’s official announcement was made on March 13 in Barbados with participants including GFANZ Vice Chair Mary Schapiro, representatives of global and regional GFANZ governance bodies, and partners across the Caribbean.
Regional Advisory Board
The GFANZ Latin America & Caribbean Network is guided by the Advisory Board, composed of leading figures from climate and finance in the region who provide strategic direction, local and regional expertise, and representation in overseeing the work of the Network’s workplan and outputs.
Patricia Espinosa Cantellano, former Executive Secretary for the United Nations Framework Convention on Climate Change (UNFCCC) and former Secretary of Foreign Affairs of Mexico, serves as Chair of the GFANZ Latin America & Caribbean Advisory Board and Joaquim Levy, current Director of Economic Strategy and Market Relations at Banco Safra and Former Minister of Finance of Brazil, serves as Vice Chair. They are joined by leading experts on climate finance from private, public and civil society sectors, including: