In the nine months since the First Regional Dialogue on Climate Finance held in Tela (Honduas), Latin American and Caribbean governments have advanced in a continous knowledge exchange and in developing national capacities. Taking a qualitative leap in this dynamic process, Chile, Colombia, El Salvador, Honduras, and Peru launched on 26 February 2013, in a meeting in Bogotá, the Steering Committee for the Second Regional Dialogue. This Second Regional Dialogue, to be hosted by El Salvador from 29-31 July 2013, will become an opportunity to deepen the exchange among countries in specific thematic climate finance areas, such as the diversification of financing instruments or mechanisms for inter-institutional coordination.