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Four Countries in the LAC region to boost nature-based solutions with IDB and Canada support
10/24/2024 Since 3 months
The Inter-American Development Bank (IDB), with the support of Global Affairs Canada (GAC), will provide resources and technical assistance to Brazil, Colombia, Guatemala, and Mexico in implementing policy instruments aimed at attracting private investments in Nature-based Solutions (NbS).
The pilot projects in each selected country will include NbS in sectors such as transportation, integrated landscape management, water and sanitation, urban planning, and watershed management.
The announcement was made during the COP16, a global meeting for biodiversity taking place in the city of Cali (Colombia) from October 21st to November 1st.
IDB had already invested over 800 million dollars in projects with NbS components in the period 2015-2020.
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