The Regional Gateway for Technology Transfer and Climate Change Action for Latin America and the Caribbean “REGATTA” aims to strengthen capacities and promote and exchange knowledge on climate change technologies and experiences in the area of mitigation and adaptation for the Latin American and the Caribbean region. The design and creation of REGATTA are aligned with the international negotiations on climate change in the context of the United Nations Framework Convention on Climate Change, following the Cancun Agreements at the sixteenth Conference of the Parties (COP16), where a Technology Mechanism was established. 

In the same way, REGATTA has received recognition from the Forum of Ministers of Environment of Latin America and the Caribbean, who during the XX Meeting of High Level of the Forum, reached a generalized consensus in taking advantage of the opportunity represented by the existence of climate change platforms that already have funding and a track record of work on climate change, such as REGATTA or EUROCLIMA, for the implementation of the work plan of a Regional Platform on Climate Change whose objective is to create a space for South-South exchange, learning and cooperation in three main areas of intervention: (i) policy dialogue, (ii) climate action (adaptation and mitigation), and (iii) financing and other means of implementation.

In terms of adaptation, REGATTA provides support to countries in terms of access to financing to formulate and implement adaptation actions at the national and regional levels, and in promoting strengthening and capacity building at the technical and institutional levels.