What we do

· Enabling environment for a green and just transition

· Green and just transition-related catalytic actions

· Access to green and just transition-related finance and investments

· Facilitate EU-LAC dialogues on green and just transition.

Our key sectors

1.		Conservation and sustainable management of terrestrial and aquatic biodiversity and ecosystems
2.		Resilient food production
3.		Urban mobility
4.		Sustainable energy
5.		Disaster risk reduction and management
6.		Clean water and sanitation
7.		Circular economy.

How we do it

1. Conducting a demand-driven in-country policy dialogue to support ambitious policies and their implementation.

2. Seeking synergies and enhancing intra-regional cooperation.

3. Cooperating in the environment sector, including biodiversity monitoring and reporting and ocean and climate change governance, cooperating in the energy sector to promote renewable energies and energy efficiency, and cooperation in the development of smart and sustainable cities.

A cross-cutting focus on climate governance promotes coherence throughout the approach, with an eye to the legacy of the programme in ensuring longer-term country-ownership of interventions.

EU engagement in LAC through its green actions

There is significant potential for cooperation between the EU and LAC towards climate neutral, clean and nature-positive economies. The LAC region has unique potential in terms of biodiversity, natural resources, sustainable renewable energies, agricultural production and strategic critical raw materials.

The EU and its Member States demonstrate their commitment to climate and biodiversity action in LAC through a number of green regional programmes, and bilateral actions and partnerships. The EU is committed to spending at least 30% of its cooperation budget on climate and biodiversity initiatives in the LAC region.

AL-INVEST Verde

This initiative promotes sustainable growth and jobs creation in Latin America, by facilitating the implementation of sustainable production models. Its objective is to support the transition towards a low-carbon, resource efficient, and circular economy. The programme runs by three components that work with small Latin American businesses, public institutions in the region, and the management of intellectual property rights, respectively.

Amazon+

Amazonia+ will improve the capacity of the countries of the Amazon basin to mitigate CO2 emissions and adapt to the effects of climate change, and to significantly reduce forest degradation and improve the protection of their biodiversity. All this will be done in cooperation with indigenous peoples and local communities.

Euroclima

Euroclima is the Global Gateway initiative that facilitates the path of the EU and the Latin America and the Caribbean regions to lead the green and digital transition. It is the EU´s flagship Programme on climate action for over a decade. Euroclima is implemented in the 33 LAC countries and increases resilience to climate change of ecosystems and vulnerable communities, including women, youth, and indigenous populations through the implementation of demand-driven actions.

LACIF

LACIF is one of the European Union’s regional blending facilities. The purpose of LACIF is to leverage financing for key sectors that are essential for the achievement of the Global Gateway Investment Agenda in the LAC region. Blending is part of the European Fund for Sustainable Development Plus (EFSD+) toolbox and consists of using grant resources to leverage financing, such as loans and equity, with the aim of de-risking projects and making them bankable. LACIF aims to improve the sustainability of infrastructure, increase environmental protection, support climate change adaptation and mitigation, and promote equitable and sustainable socio-economic development and job creation in LAC.

Global Gateway in Latin America and the Caribbean