The objective of this study is to identify and select four Carbon Dioxide Removal (CDR) approaches that may be the most relevant to the LAC region/context, and conduct, when possible, an analysis on the potential economic, social and environmental impacts (positive and/or negative) that the introduction of those CDR approaches could have, in terms of a set of key indicators: Employment; GDP (Gross Domestic Product); costs; greenhouse gases (GHG) emissions removal; and, the achievement of specific SDGs. The analysis is focused primarily in two selected LAC countries: Argentina and Colombia; however, references to the broader Latin America and Caribbean perspective and opportunities are made in a number of cases. This analysis aims to help identify knowledge gaps and where possible formulate generic recommendations/options for consideration by governments in the region to eventually incentivize and effectively govern the incorporation of relevant CDR approaches in national climate change strategies that aim to contribute to the achievement of the SDGs, implement the Nationally Determined Contributions (NDCs) and, additionally, inform green recovery plans, when applicable.