Public-Private Partnerships: Key to Climate Action in NDC 3.0
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On June 18, the ArticuLAC Community of Practice organized the webinar "The private sector and NDC 3.0 processes."a space for dialogue focused on the potential of public-private partnerships to drive climate action. The session was attended by leading experts from Argentina, Chile and Brazil, who shared concrete experiences on how to integrate the private sector in the formulation and implementation of Nationally Determined Contributions (NDCs).
NDC 3.0: a new phase that demands greater ambition
The NDCs, updated every five years, set national commitments to reduce emissions and adapt to climate change. However, many countries have yet to meet the 2025 deadline for submission of version 3.0. The results of the 2023 global stocktake indicate that, at the current rate, the world will not reach the goal of limiting warming to 1.5ºC. A tripling of renewable energy and a doubling of energy efficiency are required by 2030.
Chile: structured private sector participation
In Chile, extensive public consultation processes and active participation of the private sector are being incorporated. However, there is still a need to establish clear responsibilities among ministries and to build sectoral roadmaps that involve companies from the early stages, allowing the integration of technical capabilities, financing and technology transfer to achieve climate objectives.
Argentina: incentives and alignment with international markets
In Argentina, companies need regulatory certainty, economic incentives and access to finance to align their strategies with national climate goals. In a world with increasing environmental requirements in trade agreements and investment flows, a sound policy framework allows companies to remain competitive.
Brazil: sectoral coalitions as an engine for action
It is important to note that Brazil was the second country in the world to adopt its National Climate Change Framework after the United Arab Emirates. Its climate plan sets ambitious emission reduction targets (59-67% by 2035) through sectoral mitigation plans covering agriculture, energy, transport, industry, cities and waste. A distinctive component in Brazil is the sectoral coalitions, such as the transport coalition, which brings together more than 50 organizations to agree on long-term measures. This scheme facilitates the convergence of public and private capacities, making it possible to design viable implementation strategies.
Permanent partnerships for successful transitions
Systematic dialogue between governments and companies is essential for successful transitions. Public-private partnerships not only provide financing, innovation and technical knowledge, but also allow the alignment of expectations and capabilities of both parties from the early stages. Inter-ministerial coordination, the generation of mutual trust and transparency in the processes emerge as determining factors.
In the run-up to COP30 in Belém do Pará, Brazil, Latin American countries face the opportunity - and the challenge - of consolidating public-private schemes to accelerate compliance with climate commitments.
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