Natural Capital Lab: Mainstreaming Biodiversity and Financial Innovation

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This TC has the general objective to support the knowledge creation, dissemination and implementation of pilot activities that enable biodiversity mainstreaming across the Bank's sectors, and within IDB operations through its member countries at national and subnational levels. These biodiversity-led activities allow the incubation, acceleration and scale of new finance, technology and policy solutions. To achieve this goal, this TC will: (i) develop, design and test methodologies for new financial models that leverage the value of biodiversity and natural capital, along with tools to streamline the application of nature-based solutions; (ii) develop research and knowledge products that identify the opportunities for biodiversity mainstreaming and design the related activities to be integrated into Bank operations or policy planning, and ensure that these are in alignment with the IDB institutional strategy; (iii) upscale capacity building, training and dissemination of technical support across governments to incentivize and implement biodiversity mainstreaming; (iv) evaluate, publish and disseminate results and knowledge obtained from the NCL's interventions through its communication channels and regional policy dialogues across high-level strategic clients and partners.