ECLAC Convenes Climate Change Seminar

Concern Grows Over Impact of Climate Change on Economies in the Region 17 October 2008: The Economic Commission for Latin America

and the Caribbean (ECLAC) convened a seminar on "Climate change in Latin

America: Impact, Possibilities for Mitigation and Financing," from 15-16

October 2008, in Santiago, Chile. During the meeting, participants discussed

the possible imposition of trade barriers on products from the region due to

carbon emissions in their production and transportation and stressed the

urgency to mitigate the effects of climate change.

Joseluis Samaniego, Director

of ECLAC's Sustainable Development and Human Settlements Division, stated that,

to avoid a 2º Celsius rise in temperature, developed countries must reduce

their greenhouse gas emissions by 60% to 80% by 2050. He added that the

participation of developed nations in mitigation efforts is “inevitable,

whether voluntary or obligatory.”

In a keynote speech, UN Special Envoy on

Climate Change and former Chilean President Ricardo Lagos listed possible

options for middle-income countries to contribute to reducing emissions over

the 2012-2020 period, including: monetary contributions to activities that

avoid deforestation; sharing national plans to combat climate change with the

international community; and reaching agreements among industries of similar

productivity and technology on maximum emission levels, regardless of where

these industries are located. [ECLAC

Press Release]