Latin America & Caribbean Network
About
Latin America and the Caribbean is one of the most vulnerable regions to a diverse set of climate-related impacts. It is also well positioned to seize climate-related opportunities and help lead global solutions: from protecting the region’s tropical primary rainforests, which are critical for carbon storage and biodiversity, to harnessing its vast potential for renewable energy, including wind, solar and geothermal, to strengthening energy security and sustainability.
The GFANZ Latin America & Caribbean Network works with local financial institutions to accelerate efforts to ultimately unlock private capital in the region, including through building capacity and engaging with policymakers on actions to accelerate private finance mobilization.
Goals
The GFANZ Latin America and Caribbean (LAC) Network aims to bring together the financial sector across LAC economies to help accelerate investment in the energy transition by:
- Building capacity for transition finance and developing scalable financing solutions through partnerships
- Enabling capital mobilization to address the region’s investment gap
- Growing the reach and programming of the network through country-tailored engagement
Regional Advisory Board
The GFANZ Latin America & Caribbean Network is guided by the Advisory Board, composed of leading figures in finance in the region who provide strategic direction, local and regional expertise, and representation in overseeing the work of the Network’s workplan and outputs.
Patricia Espinosa Cantellano, former Executive Secretary for the United Nations Framework Convention on Climate Change (UNFCCC) and former Secretary of Foreign Affairs of Mexico, serves as Chair of the GFANZ Latin America & Caribbean Advisory Board, and Joaquim Levy, current Director of Economic Strategy and Market Relations at Banco Safra and former Minister of Finance of Brazil, serves as Vice Chair. They are joined by leading experts on transition finance from private, public and civil society sectors, including:
Brazil Country Chapter
The Brazil Country Chapter builds upon domestic momentum of regional and global energy transition efforts. It works on issues particularly relevant to Brazilian policymakers and financial institutions and is committed to supporting the transition to a sustainable economy as well as efforts to mobilize capital in support of the Brazil Climate & Ecological Transformation Investment Platform (BIP).
The Brazil Country Chapter was launched on February 26, 2024, in São Paulo, with former GFANZ Co-Chair Mark Carney, representatives of global and regional GFANZ governance bodies, and partners across Brazil.
The Brazil Country Chapter is advised by Joaquim Levy, Director of Economic Strategy and Market Relations at Banco Safra, former Minister of Finance of Brazil, and Vice Chair of the GFANZ LAC Network Advisory Board.
Caribbean Chapter
The Caribbean Chapter focuses on addressing local barriers to increasing private sustainable investment in the region. It engages with key partners to identify high-potential projects where private finance can drive growth, and supports capacity building for Caribbean financial institutions on sustainable finance.
Additionally, it works with regional partners such as the Caribbean Climate Smart Accelerator to connect project developers, policymakers, and governments, creating a network of engaged stakeholders.
The Caribbean Chapter launched on March 13, 2025 in Barbados with GFANZ Vice Chair Mary Schapiro, representatives of global and regional GFANZ governance bodies, and partners across the region.
The Caribbean Chapter is advised by a consultative group of regional institutions chaired by Ms. Racquel Moses, CEO of the Caribbean Climate-Smart Accelerator, and a member of the GFANZ LAC Network Advisory Board.