Launched at the Latin America Climate Summit, this paper brings together recommendations from IETA and its members to support governments across the region in building robust, high-integrity carbon pricing instruments (CPIs).
Key insights include:
- State of play: LAC accounts for 20% of global CPIs, with 23% of global credit retirements and 24% of issuances originating from the region.
- Harmonisation: Coordinating national and regional CPIs is critical to reduce costs, build trust, and scale private investment.
- Article 6 & NDC 3.0: A catalyst for ambition, investment, and sustainable development in the region.
- Registries: 8 are operational, advancing robust, interoperable systems is essential to integrity and more are still needed.
- Governance and certainty: Strong public-private collaboration and legal clarity are key to attracting investment and delivering climate results.
With COP30 in Belém on the horizon, Latin America has a unique opportunity to showcase how carbon markets can raise ambition while promoting equity, sustainable development, and community empowerment.
Download the full English version of the position paper below. The Spanish version will be available soon.
