Latin American Climate Asset Disclosure Initiative (LACADI)

State of implementation/results

• In February 2026 the LACADI Regional Meeting on Climate Risk Management and Disclosure was implemented. The event brought together more than 45 participants from approximately 40 institutions across three countries, including representatives from financial institutions, financial regulators and supervisory authorities, investment institutions, and international organisations.
• The project developed, published and disseminated national case studies in Colombia, Mexico and Peru to show practical pathways for scaling sustainable finance.
• In February 2026, the project launched an online course on climate scenario analysis for professionals in Latin America. The course helps participants identify climate-related risks and opportunities, estimate financial impacts and strengthen decision-making. As of March 2026, 637 participants had registered, including 330 from financial sector institutions and regulatory bodies from the three countries, and 31 participants had already completed the course. The course will be open till the 31st of June 2026.
• The project engaged board members and senior managers in Colombia, Mexico and Peru through targeted sessions on climate governance and climate-related financial risks and opportunities. These activities helped bring climate-related risks and opportunities into senior decision-making spaces.
• In 2025, the project published the second climate disclosure ranking for 15 institutions in Peru, 15 in Mexico and 50 in Colombia, accompanied by a public report with general recommendations for the market and an interactive platform that allows users to explore and compare the results. Full results: lacadi.transforma.global/…
• The project provided tailored support for six participating companies and financial institutions to improve the disclosure of climate-related risks and opportunities, as well as related governance and risk management processes.
• In Peru, project findings were disseminated through articles published in Gestión 2025, and a comprehensive infographic on climate disclosure was released in September 2025.
• In October 2025, LACADI participated in the Mexican forum for Sustainable Finance (Foro Finanzas Sostenibles MX25) in the panel “Discussing Climate and Biodiversity in Latin America".
• More than 170 institutional investors, government representatives, and association representatives attended to three workshops in Mexico and Peru, and one regional. Also a public online seminar to build awareness about the relevance for clients and the general public on the climate action for the finance private sector has been implemented.
• Advisory Committees were established in Mexico, Peru, Colombia and at regional level, inter alia supported by the Bank of Mexico, the Mexican regulator for pension funds (CONSAR), the Peruvian Insurance Association APESEG, PIR (Program for Responsible Investment in Peru) and other regional experts. These committees have continued to operate as dialogue platforms connecting public and private actors around climate disclosure and sustainable finance. In Peru, the committee was expanded to include additional relevant actors such as the national association for microfinance institutions ASOMIF and the Peruvian Securities Regulator SMV.
• The project works closely with PIR (Program for Responsible investment in Peru) and establishes a working group composed by 18 institutional investors to deepen the understanding regarding the Task Force on Climate-Related Financial Disclosures (TCFD) and tools to support the awareness raising and mindset changes on disclosure of financial climate information. Rankings of the participants for Mexico and Peru for 2023 were published, which is followed by an analysis of these results.
• A series of training sessions were held, with a minimum of five meetings per investor, with the objective of deepening the results and strengthening capacities in each of the areas of the TCFD. Seven investors participated in this program in Mexico, and ten participated in Peru. Three of them have delivered or are about to deliver their TCFD report.
• LACADI published reports on barriers for sustainable investment and three Policy briefings for Peru and Mexico.
• An infographic on the comparison between International Financial Reporting Standard Climate-related Disclosures "IFRS S2" and TCFD was published.
• With the Mexican regulator for pension funds (CONSAR), technical capacities are being built in the areas of, climate change, sustainable finance, climate finance, climate financial information disclosure, within the Retirement Savings System Board.
• In partnership with the Centro de Estudios Superiores de Administración (CESA), LACADI developed a virtual training program for the Women’s Leadership Initiative in Boards of Directors. The three-module course, covering climate and business strategy, board governance, and execution, attracted around 200 registrants with 40–60 participants per session.

Latest Update:
06/2026

Further links

• Article: La lucha contra el cambio climático también es financiera (ES)
• Publication: Regional Climate Disclosure Ranking 2025 (ES)
• Summary: LACADI Regional Meeting 2026 - Strengthening Climate Disclosure and Financial Decision-Making in Latin America