Analytical Framework for Climate Change Action

This policy document presents a framework for action to address climate change in Latin America and the Caribbean (LAC). It notes that in order to face adaptation challenges, LAC countries should target such key economic sectors as land use, land use change, and forestry (LULUCF), agriculture, water resource management, and urban development, as the consequences of inaction in these sectors could be catastrophic for the economic sustainability of LAC nations. The means to protect these sectors should be developed and concrete adaptation measures fully incorporated into sector planning. Equally important are mitigation policies and related sustainable development practices. The document also highlights financial mechanisms and resources for addressing financial gaps and scaling up investments in the region and the support that can be provided by the Inter-American Development Bank (IDB).