EXECUTIVE SUMMARY Mapping of Private Sector Climate Funding Sources in Latin America and the Caribbean

The purpose of this summary is to update and expand the overview of private sector climate finance sources operating in Latin America and the Caribbean (LAC), with the aim of building a comprehensive information base that facilitates access to and mobilization of private capital for climate action. This, in response to the region's high climate vulnerability, which, despite the risks, also has strategic sectors that offer key opportunities to mobilize transformative investments. The study, which was conducted over a threemonth period, keeps the categorization established in the first version for both funding sources and financial instruments, thus ensuring methodological consistency. Furthermore, this updated report focuses on three priority sectors: clean energy, sustainable transport, and nature-based solutions (NbS). In addition, the study is descriptive and nonexhaustive, based mainly on secondary public information, complementary interviews, and surveys of key private sector actors in the region. The report also includes a specific chapter on sources of private financing from the European Union and two case studies in the region (Brazil and Barbados), which illustrate the deployment of climate finance in different national and sectoral contexts.