Financing

Institutions and Funds in Latin America:

Inter-American Development Bank (IDB) : The IDB has several funds and programs designed to finance projects that promote sustainable development and adaptation to climate change in Latin America and the Caribbean.

Multilateral Investment Fund (MIF): The MIF is a member of the Inter-American Development Bank Group, described above, which finances development projects in Latin America and the Caribbean in areas such as renewable energy, sustainable agriculture and sustainable transportation.

Andean Development Corporation (CAF) : CAF finances projects in areas such as renewable energy, energy efficiency, sustainable transportation and natural resource management. It is headquartered in Caracas and is present in several Latin American countries.

Green Climate Fund (GCF) : The GCF is a fund established by the United Nations Framework Convention on Climate Change (UNFCCC) to help developing countries mitigate and adapt to climate change.

Global Environment Facility (GEF): The GEF is a multilateral fund that finances projects that promote environmental conservation and sustainability around the world.

United States Agency for International Development (USAID): USAID funds projects in Latin America and the Caribbean in areas such as natural resource management, climate change mitigation, and climate change adaptation.

World Bank : The World Bank has a series of initiatives and programs aimed at promoting environmental sustainability and adaptation to climate change in Latin America and the Caribbean. Some of the projects it financed were the following; Solid waste management program in Brazil, Renewable energy program in Mexico Emissions reduction program in Colombia, Climate change adaptation program in the Caribbean Sustainable transportation program in Peru

International Fund for Agricultural Development (IFAD) : IFAD finances projects related to sustainable agriculture and natural resource management in Latin America and the Caribbean.

European Investment Bank (EIB) : The EIB finances projects in Latin America and the Caribbean in areas such as energy efficiency, renewable energy and sustainable infrastructure.

Central American Bank for Economic Integration (CABEI) : It is a multilateral financial institution that provides financing and technical assistance to development projects in Central America. It was founded in 1960 by Guatemala, Honduras, El Salvador, Nicaragua and Costa Rica, and later the Dominican Republic joined. CABEI has various environmental and climate financing programs, and has financed projects in areas such as renewable energy, waste management, adaptation to climate change and conservation of natural resources.