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IETA, GIZ Release Spanish Edition of Carbon Market Readiness Guide

09 Dec 2017 12:48 AM | Stephanie Olegario (Administrator)

Contact: Alessandro Vitellipress@ieta.org

TORONTO, 8 December – IETA is releasing the Spanish edition of its Carbon Market Readiness Training Guide, which was translated with support from Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ).

The seminal guide, prepared by IETA’s Business Partnership for Market Readiness (B-PMR) initiative earlier this year, was translated by GIZ’s operations in Mexico, as part of the German-Mexican project “Preparing for an Emissions Trading System in Mexico”, on behalf of the German Environment Ministry (BMUB). Each of the guide’s eleven chapters have been translated to Spanish so it can be used widely across Latin America and the Caribbean.

“Latin America is a hotbed of carbon pricing activity, and we expect this to increase over the coming years,” says IETA’s CEO and President Dirk Forrister. “Having this guide available in Spanish means that IETA and its partners can better support the private sector across the region understand and prepare for the future.”

“The private sector in Mexico and in the region as a whole is keen to learn how to prepare for domestic carbon markets. This Spanish edition of the readiness guide– written from a private sector perspective – is a great complement to the policy advice and capacity building efforts that GIZ provides in Latin American and the Caribbean,” adds Miriam Faulwetter, Director of the Emissions Trading System Preparation Project in Mexico.

The B-PMR’s original Market Readiness Guide, commissioned by the World Bank’s Partnership for Market Readiness, is intended to help prepare private sector actors in regions where carbon markets are planned or under development. Topics tackled include offset strategies, addressing competitiveness concerns, risk management, carbon accounting, and internal governance.

IETA is also today releasing a Spanish version of its case study on Mexico’s carbon pricing, adding to its carbon market information sources available in Spanish.

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About IETA

IETA is the voice of business on carbon markets around the world. Established in 1999, IETA's members include global leaders in the electricity, oil/gas, cement, aluminium, chemical, mining, technology, standards, verification, broking, trading, legal, finance, accounting and consulting industries.

About GIZ

The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH is a federal enterprise with worldwide operations. We support the German Government in the field of international cooperation for sustainable development in around 130 countries, including inter alia on environment, climate change and sustainable energy. Through our work, we assist people and societies in shaping their own future and improving living conditions.


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