Climate change has been one of the priorities established by the Heads of State and Government on the international agenda, through Agenda 2030 and its SDGs, as in the bi-regional sphere, hence its inclusion in chapter 2 of the EU-CELAC Action Plan (2015). In particular, the review of chapter 2 (Brussels, 2018) indicates the need to "optimise and expand existing and future networks and programmes in Latin America and the Caribbean, taking advantage of the opportunities offered by investment facilities, as appropriate. In turn, the signing of the Paris Agreement on Climate Change by the Foundation's Members provides the basis for the strategic definition of this area.
Since 2018 the Foundation's Annual Work Programmes have established Climate Change as one of its priority thematic areas. The Foundation seeks to support governments and other relevant actors in the EU and LAC regions in the generation, articulation and promotion of knowledge and cooperation networks. The EU-LAC Foundation's goal is to promote and facilitate spaces or platforms for bi-regional dialogue, for the systematic collection of data on the progress of the objectives of the Paris Agreement in the areas of adaptation, mitigation, NDC1 and climate finance, in close coordination with regional and subregional partners with which it is possible to identify synergies and complementarities, among which ECLAC stands out. Achieving this goal means reaching the following milestones on an annual basis:
- To highlight the potential of Latin America and the Caribbean to work in an articulated manner with the European Union, through the formation of a network of experts, capable of identifying, researching and facilitating the exchange of private and public sector experiences on climate policies (2021);
- To promote knowledge management on the private sector and climate policies in the form of databases (2022).