Gina Caballero’s Post

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International Cooperation and Development Consultant

It was very interesting to attend this weekend the policy dialogue organized by ADB, AIIB and the University of Hong Kong revising China’s national ETS.Main takeaways for Latin America and the Caribbean: 1. Carbon markets are key for achieving low-carbon development and promoting green innovation. When effectively linked to natural markets they can support adaptation strategies and ecosystem services 2. Emission Trading Systems (ETS) must align with national conditions and avoid exacerbating regional inequalities within a country during rollout 3. ETS design matters and requires a coordinated policy mix, blending market mechanisms and governance measures for effective operation 4. Close coordination between ETS operations and stock exchanges can enhance the inclusion of additional carbon financial products 5. Implementing an ETS is a gradual process necessitating ongoing refinement; leveraging international experience can aid and inform these endeavors #carbonmarkets #climateaction #LAC #newcooperationopportunities  

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