We lead the way in creating practical and effective solutions that enable businesses, governments and communities to adapt and thrive in a changing environment. Through in-depth research and pioneering projects, we are developing adaptation and mitigation strategies that promote a sustainable future. Explore our initiatives to see how we are addressing this global challenge and how you can be part of the shift to a more resilient world.
The Community of Practice of Public-Private Articulation for Climate Action in Latin America and the Caribbean (ArticuLAC), is an initiative of the Euroclima Program through GIZ, the LEDS LAC Regional Platform and the CLACDS of INCAE. It began operations in 2018 and aims to promote the articulation and alignment of climate strategies and actions of the public and private sectors. ArticuLAC is made up of representatives of government institutions and private sector organizations from Euroclima Program countries.
Corporate Governance Initiative of Central America and the Caribbean (CGI CAC) is an organization, of which we are a founding partner, dedicated to fostering the adoption of climate action by companies in the region, focusing on corporate governance to manage risks and take advantage of opportunities related to climate change. CGI CAC aims to guide corporate boards towards the goal of achieving zero emissions by 2050 by providing specialized training and resources to improve decision-making around sustainability. If you want to know more about this initiative or if you are a member of a Board of Directors or Non Executive Directors (NEDS) and wish to become a member and have access to climate governance training visit our website and learn more about our initiative https://cgicac.org/
The main objective of the study is to identify and assess the key risks that climate change poses to the banking sector in the member countries of the Central American Council of Superintendents of Banks, Insurance and Other Financial Institutions (CCSBSO) (Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua, Panama, Colombia and the Dominican Republic), providing critical inputs for risk management decision-making by financial regulators and individual banks. Specific goals include the development of a regional framework based on international standards such as Basel and the Task Force on Climate-related Financial Disclosures (TCFD), the identification of climate impacts and risks on national banking portfolios, and the formulation of concrete recommendations for managing these risks. The study also assesses the readiness of each country to implement the proposed methodologies, developing a roadmap of priority actions to address gaps, and testing the methodology through pilot applications. In addition, it seeks to strengthen awareness and knowledge on climate risk management among CCSBSO member institutions and other relevant stakeholders.
