Mobilising private capital is key to closing the huge funding gap for climate action and biodiversity. The international target, recently reiterated at COP30 in Belém, aims to mobilise $1.3 trillion annually by 2035 for climate action (public and private funds). Public resources and funding from development banks are not sufficient to cover the necessary investments; private capital brings scale, innovation and long-term financial capacity, which is particularly relevant in Latin America, where fiscal constraints and high social demands limit exclusively public funding.

The International Climate Initiative (IKI) recognises this need and, in its 2030 Strategy, commits to mobilising at least €1.5 billion in private capital for climate change mitigation, biodiversity conservation and adaptation in partner countries. This event sought to promote the exchange of experiences, approaches and lessons learnt from IKI projects in Latin America and the Caribbean, exploring strategies to mobilise and catalyse private investment and combine public and private resources to scale up climate action, whilst strengthening knowledge management at the regional level.

The recording of the webinar is available in Spanish.