The Latin America Regional Climate Initiative was created in November 2012 by the ClimateWorks Foundation, the William and Flora Hewlett Foundation, the Oak Philanthropy, and the Children’s Investment Fund Foundation as a collaborative project to contribute to the reduction of greenhouse gas emissions and the overall prosperity of countries in Latin America. LARCI’s objective is to catalyse world-leading climate policy at a national and city level across the power, transport, and waste sectors in Latin America, with a particular emphasis on Mexico and Brazil.
In its short history, LARCI has made major strides toward leadership in addressing climate change in Latin America. It has added a team of leading advocates and technical experts, and developed procedures for managing its grant making, finances, reporting, and operations.
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‘Climate change’ refers to a change in the state of the climate that can be identified (e.g., using statistical tests) by changes in the mean and/or the variability of its properties, and that persists for an extended period, typically decades or longer. Climate change may be due to internal processes and/or external forcings. Some external influences, such as changes in solar radiation and volcanism, occur naturally and contribute to the total natural variability of the climate system. Other external changes, such as the change in composition of the atmosphere that began with the industrial revolution, are the result of human activity.
“Latin America clearly has a comparative advantage in pursuing a low-carbon growth path, by means of implementing policies and programs to conserve its large forests and to maintain its relatively clean energy matrix. To realize this potential requires identifying concrete opportunities for reducing GHG emissions without compromising sustainable development objectives. […] There are many ways in which the Region’s emissions can be reduced at low cost, while at the same time reaping sizable development cobenefits. In some cases, these cobenefits have a value that would more than offset the costs of undertaking the measures; that is, there would be negative net costs.” – Christiana Figueres
Read more “LAC’s Potential Contribution to Global Mitigation Efforts”, co-authored with Pablo Fajnzylber
LARCI is a philanthropic and re-granting organization affiliated to the ClimateWorks Foundation’s Re-granting network that catalyses world-leading climate policy at a national and city level to reduce emissions of greenhouse gases and compounds and to promote low carbon growth in Latin America, with a particular emphasis on Mexico and Brazil.