This Seminar, which is being held for the first time in person after the COVID-19 pandemic and more than 10 years after the creation of the SNIP Network, seeks to reunite the countries of Latin America and the Caribbean within a space to discuss today's complex challenges, especially the need to execute quality investments from the point of view of sustainability; and to meet the growing expectations of generating public services in an environment of fiscal restriction and new or increased disaster risks associated with climate change. And an opportunity to reflect on how to take advantage of new technologies and develop capacities, always seeking to modernize the institutional framework for investment management.
Organized jointly by the RedSNIP, together with the Inter-American Development Bank, GIZ and ECLAC, it will be held in a hybrid format in the city of Santo Domingo, Dominican Republic, with the participation of the 16 member countries of the RedSNIP in the region and other invited countries.
The purpose of this first meeting in 2022 was to resume the Network's activities, offering a space for SNIP directors and members of the institutions that make up the board to meet again.
On this occasion, the organization of the on-site seminar and annual meeting was discussed, with the objective of identifying the countries that could offer to host the seminar; the main topics to be discussed at the seminar; and other issues related to the logistics of the meeting. Information was also received on an OECD and IDB initiative related to the preparation of the 2023 edition of the Panorama of Public Administrations in Latin America.
The meeting, whose purpose was to discuss the different methodological options for estimating the social price of carbon, its advantages and disadvantages and its implications on the evaluation of public investment projects, brought together 70 specialists from 15 countries, representing 12 SNIPs in the region. After a presentation by Andrés Pica, ECLAC consultant and Executive Director of the Global Change Center of the Catholic University of Chile on the methodological options for estimating the Social Price of Carbon and simulations in the evaluation of projects, the advantages and difficulties of its application in the framework of the SNIPs of the region were discussed. In this context, José Andrés Múñoz, Head of the Methodologies Department of the Ministry of Social Development and Family of Chile shared the Chilean experience of using different methodologies to calculate the social price of carbon and apply it in the evaluation methodologies, and Francisco Tula, President of the RedSNIP and Director of the SNIP of Costa Rica related different considerations to take into account when designing a process to adopt a calculation methodology. Finally, a proposed roadmap was presented to work with the SNIPs of the region, calculate the social price of carbon and accompany the implementation of a methodology in the SNIPs.
