Building Climate Resilience in Latin America and Caribbean through Financial Instruments

implementation

The ultimate objective of the TC is to provide countries, states and municipalities with capacities to structure and manage alternative financial instruments to increase their resilience and reduce their vulnerability to climate change related risks and/or extreme weather events and protect key infrastructure and ecosystems. Specific objectives: (i) assist interested national and local governments to identify finance transactions suitable for resilience/restoration pipelines/projects/programs; (ii) conduct feasibility analysis of the resilience finance transactions identified; (iii) design and pilot financial instruments to fund climate resilience investments in different sectors (such as -but not limited to- water and sanitation projects, natural capital and ecosystems, urban and coastal infrastructure; (iv) strengthen the capacities of governments to understand how financial instruments can fund resilience investments and to identify pipelines, originate structuring processes and develop appropriate financial instruments.