Legal, Financial and Economic Advisory Services in Latin America and the Caribbean in line with the EU Global Gateway Strategy

Euroclima, as part of the Global Gateway strategy, fosters partnerships between the European Union (EU) and Latin America and the Caribbean (LAC) to advance a green and just transition. Through bilateral dialogues and regional collaboration, the programme works with 33 partner countries and key regional organisations to identify priorities and translate them into concrete actions, thereby strengthening long-term environmental and climate resilience.

By creating the right conditions and supporting key initiatives in priority sectors, Euroclima helps to lay the foundations for a sustainable transition. The programme also facilitates the mobilisation of climate and green finance, thus addressing pressing environmental challenges.

It is co-financed by the European Union and the Federal Government of Germany through the Federal Ministry for Economic Cooperation and Development (BMZ). It is implemented under the Team Europe spirit, through the joint efforts of eight agencies: the Spanish Agency for International Development Cooperation (AECID), the AFD Group: Agence Française de Développement (AFD)/Expertise France (EF), the Economic Commission for Latin America and the Caribbean (ECLAC), the International and Ibero-American Foundation for Administration and Public Policies (FIAP), Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, the UN Environment Programme (UNEP), and the United Nations Development Programme (UNDP).

In alignment with the European Union"s Global Gateway Strategy, Euroclima is stepping up its support to high-impact climate action, in line with green and just transition initiatives in LAC. This includes the provision of targeted technical assistance and advisory services to partner countries, with the aim of developing robust, investment-ready business cases and fostering sustainable financing opportunities. A key objective is to strengthen private sector engagement across all relevant sectors, contributing to systemic transformation in line with national climate and development goals. This assignment will support Euroclima"s integrated approach, linking business model development to broader political dialogue, regulatory frameworks, and enabling environments.

The project focuses on strengthening the investment readiness and financial viability of promising initiatives in key sectors: energy transition (including green hydrogen), sustainable mobility, biodiversity and nature-based solutions, circular economy, and bioeconomy. These sectors are central to achieving Euroclima"s overarching goal: catalyzing scalable, transformative actions that contribute to climate mitigation and adaptation while promoting inclusive and sustainable economic development.