Launch of a New Network of CSOs aiming at promoting Climate Financing
Along with partner organisations, we participated in the Latin American and Caribbean Network for a Sustainable Financial System (REDFis) launch event on 30 May 2024.
This CSO network aims to promote a fiscal justice approach to climate financing in Latin America and the Caribbean (LAC), ensuring that the green transition that the climate emergency demands in the region is grounded in a human rights and distributive justice perspective.
Based on a policy brief submitted in collaboration with the Center for Economic and Social Rights (CESR), DeJusticia, and Grupo de Financiamiento Climático LAC (GFLAC), we exposed in the launching webinar on the human rights implications of climate financing in LAC, and the different opportunities that countries in the region currently have to push this agenda forwards at national, regional and global forums. Our associate, Ezequiel Steuermann, presented our conclusions grounded on the obligations that developed countries have towards transferring the necessary resources to promote a clean transition in the Global South, in compliance with both climate-specific treaties such as the Paris Agreement (mainly through the principle of “common but differentiated responsibilities” established in that instrument) and human rights instruments such as the International Covenant on Economic, Social and Cultural Rights (namely, through the obligation of international assistance and cooperation).
You can access the policy brief here (available in Spanish) and watch the launching event at this link below: https://www.youtube.com/watch?v=OW6L75ua-5I