Luis ZAMARIOLI SANTOS
Research Fellow – Development finance and public banksLuis joined I4CE in 2023 to contribute to the dialogue with public financial institutions, supporting them to integrate climate change across their activities. Based in Berlin, he manages projects that contribute to the alignment of strategies and activities of public banks and vertical funds to the objectives of the Paris Agreement.
In his previous role, Luis consulted for the IDB Lab, the innovation arm of the Inter-American Development Bank, on the operationalisation and capacitation related to the MDBs’ methodology for alignment with the Paris Agreement. Previously, he advised the German government on Art. 2.1c of the Paris Agreement, particularly in the context of the Green Climate Fund and the linkages between climate alignment, development and situations of vulnerability. He also consulted for the African-Development Bank, supported the development of the Integrated National Financing Framework of the Maldives, led the development of a GCF-Readiness project that devised a climate finance architecture for Burkina Faso, worked on environment and climate topics for the British Government at the OECD and IEA, among others.
In his research, Luis supported publications such as the UNEP Emissions Gap Report and the Adaptation Gap Report, and published on scientific journals such as Nature Climate Change, Climate Policy, and Sustainability. He holds a master’s degree from the University of Cambridge, UK, and a bachelor degree from the University of Sao Paulo, Brazil. He is currently finalising his PhD at the Humboldt University of Berlin, Germany.
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02/07/2024
Climate Report
Approaches to meeting the Paris Agreement goals: options for Public Development Banks
Options for Public Development Banks. Since the adoption of the Paris Agreement in 2015, several public development banks (PDBs) have responded with structured approaches to align their operations with the Agreement’s expectations (as described in Section 1). However, many PDBs, particularly those in emerging markets and developing economies, are yet to adopt an approach to align with the Paris Agreement (i.e., Paris alignment). As entities whose investment mandates are established by the Parties to the Paris Agreement (i.e., national governments), PDBs have specific obligations derived directly from these Parties’ commitments to act across all policy and regulatory frameworks under their jurisdictions, including for state-owned or state-mandated institutions and agencies. Accordingly, PDBs are expected to operate in a manner that supports the achievement of the Paris goals. More specifically, they are obligated to integrate their activities within the Agreement’s implementation mechanism by providing financial, technical, and capacity building support that is entirely consistent with national low-emission climate-resilient development pathways. -
19/04/2024
Blog post
More and better finance: maximising positive climate impacts for a timely transition
Since the Paris Agreement in 2015, significant strides have been made to foster the commitment of countries and financial institutions to address the climate crisis and ensure that climate risks and opportunities are considered in investments. However, with emissions required to peak before 2025, our window of opportunity is rapidly closing to keep +1.5°C within reach. Financial needs to lower greenhouse gas (GHG) emissions and to address adaptation priorities are increasing rapidly in the meantime. Luis Zamarioli Santos and Diana Cárdenas Monar, from I4CE, believe that commitment must urgently translate into action, and action must bring the urgent change the world needs. Both governments and public financial institutions have a central role to play to deliver more and better finance, maximising positive impacts. This blogpost highlights some opportunities to advance in the path for a systemic transformation, involving key stakeholders with a whole-economy approach. -
17/04/2024
Climate Brief
Ambitious alignment with the Paris Agreement in public development banks
At the Spring Meetings, during an event with senior climate representatives from Multilateral Development Banks, I4CE, E3G, Germanwatch and NewClimate Institute officially launched a common position paper on what ambitous Paris alignment means for public development banks. This paper summarises years of research on Paris alignment to shed light on best practice and hopefully support decision makers in taking and implementing credible climate commitments.