The objective of this Technical Cooperation (TC) is to promote the integration of Nature-based Solutions (NbS) into infrastructure planning and financing from the outset, with the goal of catalyzing and redirecting public and private capital toward resilient and sustainable urban development that addresses the climate crisis while maximizing long-term environmental, social, and economic value, and enhance the visibility of the long-term results and benefits of all types of NbS, particularly in the context of the urgent need for climate adaptation and greater urban resilience. By leveraging the Laboratory of Financial Innovation (LAB) (a key platform for promoting multisectoral public-private dialogue in Brazil and Latin America), this TC is expected to foster dialogue between financial institutions, policymakers, and civil society, creating enabling conditions for mainstreaming NbS in infrastructure finance. It also supports UKSIP's strategic priorities by embedding resilience, adaptation, and nature considerations into infrastructure-related financial innovation.
Project Detail
Country
Brazil
Project Number
BR-T1695
Approval Date
-
Project Status
Preparation
Project Type
Technical Cooperation
Sector
FINANCIAL MARKETS
Subsector
BANKING MARKET DEVELOPMENT
Lending Instrument
-
Lending Instrument Code
-
Modality
-
Facility Type
-
Environmental and Social Impact Category (ESIC)
-
Total Cost
USD 70,000.00
Country Counterpart Financing
-
Original Amount Approved
USD 70,000.00