Details - International Climate Initiative (IKI)

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Water Funds: A Sustainable Climate Adaptation and Resilient Model for Stressed Urban Watersheds in Latin America and the Caribbean (LAC)

As of: February 2019

Objective and activities

The project aims to advance NDC adaptation goals in six LAC countries by adopting long-term mechanisms that mobilize and leverage public and private funding for EbA strategies for climate-resilient water provisioning from ecosystem services in source watersheds of 20 vulnerable cities. Water funds are established or strengthened to improve water security and ecosystem functions. Measures include support for watershed management concepts through tariff-based finance strategies, analysis of regulations, support for multilateral loans and (sub-)national policies as well as cooperation with private companies for entrepreneurial sustainability.

State of implementation/results

Project in intial phase.

  • The project supports the implementation of the NDC adaptation goals of the countries.
  • As part of establishing of the water funds network, a first meeting of Water Funds in Ecuador was held October 3rd.

Project data

Brazil, Colombia, Dominican Republic, Ecuador, Guatemala, Peru

Implementing organisation:
Inter-American Development Bank (IADB / IDB / BID)

Partner institution(s):
  • Diverse climate change relevant institutions in the respective partner countries/Diverse klimarelevante Institutionen in den entsprechenden Partnerländern, Environmental Secretary of São Paulo Government State, Mancomunidad Gran Ciudad del Sur, Ministry of Environment (MINAM) - Peru, Ministry of Environment - Brazil, Ministry of Environment and Natural Resources (MARN) - Guatemala, Ministry of Environment and Natural Resources - Dominican Republic, Ministry of Environment and Sustainable Development (MADS) - Colombia, National Council for Climate Change and the Clean Development Mechanism - Dominican Republic, National Superintendence of Sanitation Services (SUNASS), National Water Agency - Brazil
  • The Nature Conservancy (TNC)

BMU grant:
€ 5,000,000

07/2018 till 12/2022


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