Adaptation finance must work for the communities already responding to climate impacts, not the other way around. This point came out strongly from the panellists during the discussion on Financing for Adaptation and Loss and Damage in a World in Crisis: Perspectives and Demands from Africa and LAC. The panel included Adrián Martínez Blanco, Director for La Ruta del Clima; Elena Pereira, Chief Negotiator for Honduras and Chief Negotiator for AILAC on climate finance; Louise Brown, Director and Founder for Triple Capital; Brenda Mwale, Outreach Lead, The Loss and Damage Collaboration; and Lucas di Pietro Paolo, Regional Coordinator for Latin America and the Caribbean for Santiago Network.
Louise Brown’s highlighted that private capital is essential, but it cannot replace public climate-finance commitments. Public and development finance should de-risk viable investments, while grants and concessional resources protect projects and communities that markets cannot serve. Across Africa, Latin America and the Caribbean.
Panellists called for simpler access, less debt, more coherent funding and stronger South–South cooperation. Collectively, they said that it is time to turn global commitments into predictable, locally led action. The session was one of the many sessions held on Day 3 of the 7th Climate and Sustainable Finance Week in Latin America and the Caribbean 2026, currently on-going from 5th – 9th October 2026. This session was moderated by Andrea Rodríguez Osuna, Executive Director for Earth Pulse Advisory.
Register to virtually participate in the day-to-day sessions here
Learn more about the 7th Sustainable Finance Week in Latin America and the Caribbean 2026 (here)