Implementing a blue economy MRV system in Belize
The objective of this TC is to design and implement a robust, nationally owned MRV system to track the performance, outcomes, and impact of Belize's blue economy. The system will support evidence-based decision-making, enhance transparency and accountability, and enable alignment with national priorities, international commitments, and innovative financing mechanisms. Specifically, it will track progress toward the targets and milestones of the Belize Sustainable Ocean Plan (BSOP), the Integrated Coastal Zone Management (ICZM) Plan, and the Project Finance for Permanence (PFP) initiative, as well as enable access to outcome-based finance. Specific goals are to: (i) strengthen institutional capacity to generate and manage blue economy data; (ii) operationalize the KPIs developed with NatCap into a functional MRV system; (iii) develop a project inventory tool to track and assess blue economy investments; and (iv) support alignment with international MRV standards, including for climate and biodiversity finance.

Project Detail

Country

Belize

Project Number

BL-T1194

Approval Date

June 27, 2025

Project Status

Implementation

Project Type

Technical Cooperation

Sector

ENVIRONMENT AND NATURAL DISASTERS

Subsector

ENVIRONMENTAL MANAGEMENT AND GOVERNANCE

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 350,000.00

Country Counterpart Financing

-

Original Amount Approved

USD 350,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/OC-21686-BL Sovereign Guaranteed USD - United States Dollar Ordinary Capital Nonreimbursable
Operation Number ATN/OC-21686-BL
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Nonreimbursable

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 Other Documents
https://www.iadb.org/document.cfm?id=EZIDB0003157-1643487389-23
Electronic Links
Terms of Reference_67870.pdf
Jun. 27, 2025
en
https://www.iadb.org/document.cfm?id=EZIDB0003157-1643487389-22
Electronic Links
Results Matrix.pdf
Jun. 27, 2025
English
https://www.iadb.org/document.cfm?id=EZIDB0003157-1643487389-21
Electronic Links
Request from the Client.pdf
Jun. 27, 2025
English
 Preparation Phase
https://www.iadb.org/document.cfm?id=EZIDB0003157-1643487389-3
TC Abstract
Technical Cooperation Abstract.pdf
Mar. 05, 2025
English

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