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First Meeting of the Regional Working Group on Social Cost of Carbon

Sustainable development and human settlements
20 December 2018|Event

The event, organized by ECLAC in the framework of the EUROCLIMA+ programme, will present the results of five studies related to the social cost of carbon implementation in Latin America and the Caribbean.

The Economic Commission for Latin America and the Caribbean (ECLAC), as one of the implementing agencies of the EUROCLIMA+ Programme, will host the first meeting of the Regional Working Group on Social Cost of Carbon, to be held on December 20 and 21 at the headquarters of ECLAC, in Santiago, Chile.

The meeting is aimed at decision makers in matters of public investment and climate change linked to the Ministries of Finance, Finance, Planning and Social Development, from Chile, Costa Rica, Honduras, Nicaragua and Panama, and the national focal points of these countries for the EUROCLIMA+ programme.

These countries requested ECLAC’s assistance to work on the impacts of social cost of carbon incorporation. The preliminary results of five studies about this topic will be presented at this meeting, which will allow to designing a methodology for estimating the social price of carbon, identifying the legal powers of national and subnational governments to implement this instrument, and simulating the effects of the social price of carbon in the energy, transport and infrastructure sectors.

Thursday, December 20

9:00 AM

  • Register

9:15-9:30 AM

  • Welcome: Joseluis Samaniego, Director of ECLAC’s Sustainable development and human settlements Division.
  • Welcome: Director of the Public Investment Area of the Ministry of National Planning and Economic Policy, Costa Rica. President of the Network of National Public Investment Systems (SNIP).

9:30-11:00 AM

  • Study "A methodology for social cost of carbon estimation and strengthening capacities for its application in Latin American and Caribbean countries". Fernando Cartes, Director of Capablanca Ltda.
  • Q&A.

11:00-11:30 AM

  • Coffee break

11:30 AM-1:00 PM

  • Study "Legal powers of national and subnational governments in Latin America and the Caribbean to set social cost of carbon". Pilar Moraga, Associate Professor at Universidad de Chile.
  • Q&A.

1:00 PM -2:00 PM

  • Lunch.

2:00 PM - 3:30 PM

  • Study “Social cost of carbon simulations for Infrastructure sector in selected countries of Latin America and the Caribbean”. Andrés Pica, Pontificia Universidad Católica de Chile.
  • Q&A.

3:30 PM - 4:00 PM

  • Coffee break

4:00 PM - 5:00 PM

  • Virtual meeting of the Network of National Public Investment Systems (SNIP). Francisco Tula, Director of the Public Investment Area of the Ministry of National Planning and Economic Policy, Costa Rica. President of the Network of National Public Investment Systems (SNIP).

5:30 PM - 5:45 PM

  • Closing remarks.

Friday, December 21

9:30 AM -11:00 AM

  • Study “Social cost of carbon simulations for the Transport sector in countries of Latin America and the Caribbean”. Marco Priego, World Resources Institute (WRI), México.
  • Q&A.

11:00 AM - 11:30 AM

  • Coffee break

11:30 AM - 1:00 PM

  • Study “Social cost of carbon simulations for Energy sector in countries of Latin America and the Caribbean”. Luis Cifuentes, Associate Professor at Pontificia Universidad Católica de Chile.
  • Q&A.

1:00 PM - 1:30 PM

  • Closing remarks.

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