International carbon markets bear the potential to raise additional funds to achieve economic viability of investments. They can accelerate innovation in different economic sectors conducing towards decarbonisation and post-COVID economic recovery. However, it must be assured that selling emission reductions does not risk the fulfilment of countries’ own NDCs, presenting a challenge for the determination of which projects should be allowed for the participation in international carbon markets.
This workshop, organized by the Global Carbon Market project of GIZ, the Ministry of Energy of Chile and the I4C of the World Bank, discusses the benefits and challenges of the use of international carbon markets in order to foster innovation for a decarbonized economy, taking the example of Latin American countries.
Carolina Urmeneta, Head of the Climate Change Office, Ministry of Environment, Chile.
Cecilia Penengo, Climate Change Unit, Ministry of Environment, Uruguay.
Dr. Marco Heredia Fragoso, General Coordinator of Climate Change for the Evaluation of Mitigation and Adaptation Policies, Ministry of Environment and Natural Resources, Mexico.
Mr. Dirk Forrister, President and CEO of the International Emissions Trading Association (IETA)
Further Information and Registration: I4C