Trust RAMCC


Introduction

The Red Argentina of Municipalities fighting against Climate Change (RAMCC) is formed by 170 municipal governments and 17 Argentinian provinces. This network has been working for the last nine years and in its territory live ten million inhabitants of small, medium and big cities. The RAMCC has invested in the design and has helped on the development of proposals of adaptation and mitigation climate change actions.

In this context, the 27th of December 2018, a group of local governments of the RAMCC, got together to create their first trust fund, that will manage, support and develop projects, programmes and policies linked to climate change adaptation and mitigation strategies: The “RAMCC Trust Fund”.

The RAMCC Trust Fundwascreatedwiththefollowingeightmunicipalities:

- Mónica Fein, Mayor de Rosario (provinceof Santa Fe).
- Carlos Briner, Mayor of Bell Ville (provinceofCórdoba).
- Carlos Carignano, Mayor ofCamino Aldao (provinceofCórdoba).
- Tadeo GarcíaZalazar, Mayor ofGodoy Cruz (provinceofMendoza).
- Mercedes Altamirano, Mayor ofLos Molles (provinceofSan Luis).
- AdriánTagliari, Comunal PresidentofLlambi Campbell (provinceofSanta Fe).
- Amadeo Vallejos, Mayor of Reconquista(provinceofSanta Fe).
- Alejandro Luciani, ComunalPresidentof Soldini (provinceofSanta Fe).
- Mauricio Tartaglini, Comunal PresidentofVilla Eloísa (province de Santa Fe).

OBJECTIVE

The Trust Fund will have as the main objective (without limiting other purposes or accessories related with this objective) the implementation of projects and municipal, regional or national programmes related with the climate change adaptation or mitigation. This will be executed through the mobilization of local, national e international resources. At the same time, the Trust Fund will be in charge of coordinating and support public policies of the municipalities that are working on fighting climate change in the cities and towns of the Argentinian Republic.

To achieve these goals, theTrust Fund will work towards framing all the actions and decisions taking into account the triple impact that they generate environmental, social and economic.

Municipalities that will be part of the Trust Fund

Though the majors, the RAMCC municipalities add to this Trust Fund a contract and adhesion letter. This will allow them to receive direct benefits. The municipalities that are part of the RAMCC that are currently part of the Trust Fund are the followings:

- Mónica Fein, Mayor of Rosario (provinceofSanta Fe).
- Carlos Briner, Mayor of Bell Ville (provinceofCórdoba).
- Carlos Carignano, Mayor of Camino Aldao (provinceofCórdoba).
- TadeoGarcíaZalazar, Mayor of Godoy Cruz (provinceofMendoza).
- Mercedes Altamirano, Mayor of de Los Molles (provinceofSan Luis).
- AdriánTagliari, Comunal President of Llambi Campbell (provinceofSanta Fe).
- Amadeo Vallejos, , Mayor of Reconquista(province de Santa Fe).
- Alejandro Luciani, , Mayor of Soldini (provinceofSanta Fe).
- Mauricio Tartaglini, Comunal President of Villa Eloísa (provinceofSanta Fe).
- Jorge A. Hernandez, Mayor of Salliqueló (ProvinceofBuenos Aires).
- Maximiliano Suescun, Mayor of Rauch (ProvinceofBuenos Aires).
- Sergio Favot,Mayor of Villa General Belgrano (ProvinceofCórdoba).

Es requisito para los municipios que integran el Fideicomiso, contar con su Inventario de Gases de Efecto Invernadero basado en el Protocolo Global para Inventarios de Gases de Efecto Invernadero a Escala Comunitaria (GPC)a los efectos de ser beneficiarios de los recursos y fondos.

It's compulsory that the municipalities that are part of the Trust Fund to develop a Greenhouse gases inventory based on the Global Protocol of Green House Gases in Community Scale (GPC) to be able to be beneficiaries of the resources and the funds.

ESTRUCTURA IDEAL PARA EJECUTAR PROYECTOS MUNICIPALES

Though the majors, the RAMCC municipalities add to this Trust Fund a contract and adhesion letter. This will allow them to receive direct benefits.

The beneficiaries chose a Council of Mayors and these group of people would take the decisions related to the Trust Fund. This Council of Mayors will take the main decisions, approve the actions and programs, budgets, internal policies and the adhesion of new members. They will also decide who will do the different project and will determine the function and competences of the rest of the organisms. They will also assign the selected resources selected for both the Trust Fund and the Executive Secretary.

The Executive Secretary, is responsible for, on the one hand, obtaining resources and contributions from third parties that may be assigned to the Trust Fund. On the other hand, it accompanies and supports potential beneficiaries in the development and presentation of projects, programmes and policies related to the adaptation and mitigation of climate change financed through the Trust Fund.

Alongside this, the Trust Fund has a Trustee (Banco Municipal de Rosario B.M.R Mandatos&Negocios), which is responsible for managing the available funds based on the indications of the Council of Intendants and Executive Secretariat that makes up the Trust.

ADVANTAGES

Herramienta innovadora para que los municipios cuenten con el respaldo y la transparencia necesaria para que se viabilicen inversiones que no podrían canalizarse a un municipio en forma individual. Este mecanismo, permite unir los esfuerzos de todos los gobiernos municipales que deseen aportar recursos para enfrentar al cambio climático, convirtiéndolos a su vez en beneficiarios de los recursos, fondos y servicios que el Fideicomiso RAMCC gestionará.

This is an innovative tool that will allow the municipalities to be able to carry on with investments that will not be able to do individually. This mechanism allows joining the efforts of all the governments of the municipalities that are willing to provide resources to fight against climate change. At the same time, this will be able to use the resources, funds and services that the RAMCC Trust Fund is managing.

The Trust Fund has been confirmed with the contributions of the municipalities. This is an important advantage comparing to other funding tools because it allows to receive contribution from third parties such as ( international agencies, multilateral agencies, banks, financial institutions, funds, trusts, advocacy agencies, investment agencies, development agencies, government agencies, civil society organizations, associations, foundations, etc.) in the form of loans, concessions, investments, donations and non-refundable contributions, among others. These contributions from third parties, local or abroad, can be translated into goods and economic resources that allow beneficiaries to carry out their actions and programmes to fight climate change. In addition, the Trust Fund itself may make investments that subsequently impact profits applicable to the projects it manages.

The Trust Funds has the following principles:

- Transparency and access to information.
- Justice.
- Equity.
- Non-discrimination.
- Contribute to the improvement and conservation of the environment.
- Promote sustainability.
- Encourage the triple impact.

News

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