Global Gateway: EU, Latin America and the Caribbean lead the charge for a Green and Just Transition

In commemorating Europe Day, the European Union (EU) officially launched its €35-million climate
action programme Euroclima in the Caribbean region. Today’s launch follows October’s Ministerial
meeting, where EU Commissioner Jutta Urpilainen and Caribbean Ministers agreed to put just green
transition at the core of the partnership between the EU and the Caribbean region. The launch took
place at Walkers Reserve, an eco-forest located on the east coast of the country, which is also a
centre for regenerative agriculture, further highlighting the focus and commitments of Euroclima.

Euroclima is the EU’s flagship programme for green action to all 33 countries across Latin America
and the Caribbean (LAC) and will contribute to the implementation of the Global Gateway
Investment Agenda in the region. Global Gateway is the EU’s offer to bridge the infrastructure
investment gap by using public financing to leverage private capital and investment for projects that
contribute to the green and digital twin transition.

European Commission Executive Vice President for the European Green Deal, Frans Timmermans
said: “Tackling the climate crisis starts and ends with emissions reductions. But to support the
climate transition across the world, we also need to make finance flow towards low-emission
investments, climate-resilient development and environmental sustainability. With financial needs
running into the trillions, we cannot rely on public finance alone. We need to mobilize and enable
private finance as well, show investors that it pays off to invest in the energy transition and climate
adaptation. Euroclima helps to do just that.”

European Commissioner for International Partnerships, Jutta Urpilainen, said “Euroclima embodies
Global Gateway, the EU’s positive offer to deliver sustainable investments in our partner countries.
The programme will increase partners’ resilience against climate change, help protect the most
vulnerable populations and build future-proof services in the region. As agreed with Caribbean
Ministers in Barbados last October, with this extension of Euroclima we are making sure that just
green transition is at the heart of the partnership between our regions. We will strengthen our
climate cooperation in view of the upcoming EU-CELAC summit this July.”

Hon. Carlos James, Minister of Tourism, Civil Aviation, Sustainable Development and Culture of Saint
Vincent and the Grenadines, holding the pro-tempore presidency of the Community of Latin America
and Caribbean States (CELAC), said: “The EU and Latin America and the Caribbean are natural
partners in the fight against the climate and biodiversity crises, and the extension of Euroclima to the
Caribbean will offer new concrete avenues to strengthen this partnership”.

EU Ambassador to Barbados, the Eastern Caribbean States, the OECS, and CARICOM/CARIFORUM,
Malgorzata Wasilewska, said: “Euroclima provides a unique opportunity to support ongoing efforts
towards a green and just transition and to strengthen intra-regional collaboration and as such
advance the Partnership on the Green Deal with the Caribbean and the Global Gateway Investment
Agenda in the region”.

After over a decade of successful implementation in Latin America, Euroclima evolves into a stronger
and modernised version of the EU and LAC partnership. The Programme will also strategically
strengthen the long-standing EU-LAC relationship, by implementing flexible and tailored actions
involving a broader range of thematic and stakeholders´ scopes from both sides of the Atlantic. This
includes a greater emphasis on addressing biodiversity loss and adoption of circular economy
principles.

The Programme aims at increasing resilience to climate change of ecosystems and vulnerable
communities, including women, youth, and indigenous populations through the implementation of
demand-driven actions. Dialogues with the partner countries are ongoing and is the first step in the
process of co-creating concrete actions to tackle key development areas that are identified.

To support this work, Euroclima welcomes the United Nations Development Program (UNDP) as a
new Implementing Agency (IA) that along with Agence Francaise de Developpement (French
Development Agency), Expertise France and The German Development Agency (GIZ), will continue to
support climate action in the Caribbean. The Spanish Agency for International Development Co-
operation (AECID), the United Nations Commission for Latin America and the Caribbean (ECLAC), the
International and Ibero-American Foundation for Administration and Public Policies (FIIAPP) and the
United Nations Environmental Programme (UNEP) complete the list of Implementing Agencies of
Euroclima in the region.

About Euroclima

EUROCLIMA+ is the EU flagship cooperation programme on environmental sustainability and climate
change with the Latin American region. Its objective is to reduce the impact of climate change and its
effects in Latin America by fostering climate mitigation, adaptation, resilience and investment.

EUROCLIMA+ carries out actions that are considered of strategic importance for the implementation
of the countries’ Nationally Determined Contributions (NDCs). The Programme:

 Corresponds to expressed needs of one or several countries.
 Carries out actions where European cooperation can add particular value.
 Supports intra-regional dialogue and cooperation on climate issues within Latin America.
 Supports bi-regional dialogue and coovation between Latin America and the EU in
international climate fora around shared strategic interests, guided by the Paris
 Agreement and the Sustainable Development Goals.
 Is implemented by agencies of EU Member States (AECID, AFD, Expertise France, FIIAPP, GIZ)
and the UN (ECLAC and UN Environment).

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