(Tela, Honduras) After two days of fruitful dialogues and exchanges, the participants of the First Latin American and Caribbean Dialogue on Climate Change Finance and Development Effectiveness agreed that it is crucial to improve the capacity of governments to make effective use of the resources allocated for climate change. This would affect the management of funds from bilateral and multilateral agencies as well as the sound management of national budgets for facing the challenges of climate change.
The Dialogue provided a unique opportunity to exchange experiences among experts from most Latin American and Caribbean countries, regarding specific challenges such as the management of National Funds, coordination between ministries and the integration of climate change priorities into national budgets. According to Nils‐Sjard Schulz, advisor to the Government of Honduras, exchanges like these are vital for identifying South‐South learning opportunities and working jointly on more effective solutions.
This First Dialogue concluded with a plenary presentation of the Conclusions of Tela, the document that contains the agreements made in this first meeting. One of these agreements indicates that a group of government experts will be formed to work on the main challenges of climate funding governance. Country studies will also be produced that are expected to contribute to the development of institutional capacity in this area.
Finally, Lidia Fromm, Director General of External Cooperation for SEPLAN, noted that the countries will meet again in a second Latin American and Caribbean Dialogue, an event that is expected to occur in 2012 or the beginning of 2013.
The First Latin America and Caribbean Dialogue on Climate Change was held from 2-4 May 2012 and was organized jointly by the Ministry of Planning and External Cooperation (SEPLAN) and the Ministry of Natural Resources and Environment (SERNA) of HONDURAS. The Regional Dialogue brought together representatives from four continents, 26 countries and 90 representatives from Environmental, Finance, Planning and Cooperation ministries and civil society. BetterAid was represented by Maria Theresa Nera-Lauron of Peoples Movement on Climate Change (PMCC).