Upscaling of private FLR investments in Latin America - Internationale Climate Initiative (IKI)
Back to search results

Upscaling of private FLR investments in Latin America

As of: July 2020

Objective and activities

Latin American countries participating in the Bonn Challenge have committed themselves to ambitious FLR goals, which make an important contribution to the achievement of their NDCs. Public funds for FLR are limited, so private investment is needed for successful implementation and the project works directly with potential investors such as development banks, funds and intermediary institutions to this end. The project develops an FLR Impact Framework with methods and tools based on the open source approach, enabling monitoring and reporting on the environmental and social impacts of FLR projects. This framework is tested and applied on appropriate credit products as well as on a project pipeline and exemplary investments in the partner countries. A proposal for the Green Climate Fund for the most promising pilot project is also developed in cooperation with the partner country.

State of implementation/results

  • The project supports countries in Latin America in achieving their FLR and NDC goals by addressing barriers to private investment through pre- and post-investment activities (project website: www.flila.org)
  • Since 2019 UNIQUE is an active member and implementation partner of the 20x20 Initiative (initiative20x20.org)
  • The project was presented to a broad public at the 20x20 Conference in Buenos Aires in June 2019.
  • Cooperation with potential FLR investors such as development banks, impact funds and intermediary institutions (banks, cooperatives)
  • Development of a FLR Impact Framework (methods + instruments), which enables cost-effective monitoring and transparent reporting of environmental and social impacts of FLR projects based on the requirements of investors.
  • The framework will be tested and applied to relevant credit products (e.g. for sustainable coffee production, or silvo-pastoral systems), a project pipeline and pilot investments in Peru, El Salvador and Paraguay.
  • A financing proposal for the Green Climate Fund (GCF) is being developed in coordination with one of the partner countries.

Further Links

Project data

Country:
El Salvador, Paraguay, Peru

Implementing organisation:
UNIQUE forestry and land use GmbH

Partner institution(s):
  • Ministry of Agriculture and Irrigation (MINAGRI) - Peru, Ministry of Environment and Natural Resources (MARN) - El Salvador, Technical Planning Secretariat of the Government of Paraguay
  • Finance in Motion GmbH

BMU grant:
2.876.911,00 €

Duration:
03/2019  till  02/2022


Website(s):

Video



  • Twitter
  • Facebook
  • Google+