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Water Funds: A Conservation/Climate Resilient Model for Stressed Watersheds in Latin America and the Caribbean

The objective of this TC is to consolidate and expand the WF model throughout LAC, having proved it can lead to successful results. The four key objectives of this TC are: i) to improve and consolidate existing Funds, by developing a green infrastructure and climate adaptation investment pipeline that will help scaling-up and improving the Funds' operations to guarantee their long-term technical and financial sustainability; ii) to expand the WF model to additional urban watersheds that would benefit from this model, including urban watershed in mid-size cities that are being assisted by the ESCI, as well as watersheds affected by water stress due to climate impacts; iii) to promote policy change and an enabling regulatory environment (national and/or local) to unlock public and private funding for land/water conservation activities, including the mobilization of climate adaptation finance; and iv) to systematize the model's methodology through knowledge, capacity building and dissemination tools and platforms.

Project Detail

Country

Regional

Project Number

RG-T2751

Approval Date

December 12, 2016

Project Status

Closed

Project Type

Technical Cooperation

Sector

WATER AND SANITATION

Subsector

INTEGRAL MANAGEMENT OF WATER RESOURCES

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category C: Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 3,500,000.00

Country Counterpart Financing

USD 1,750,000.00

Original Amount Approved

USD 1,750,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/OC-15994-RG Sovereign Guaranteed USD - United States Dollar Ordinary Capital Nonreimbursable
ATN/OC-15996-RG Sovereign Guaranteed USD - United States Dollar Ordinary Capital Nonreimbursable
ATN/SS-15995-RG Sovereign Guaranteed USD - United States Dollar Emerging and Sustainable Cities Multidon Nonreimbursable
Operation Number ATN/OC-15994-RG
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Nonreimbursable
Operation Number ATN/OC-15996-RG
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Nonreimbursable
Operation Number ATN/SS-15995-RG
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Emerging and Sustainable Cities Multidon
  • Financial Instrument: Nonreimbursable

Can’t find a document? Request information

Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-2056220512-3280
Technical Cooperation Agreement
Amendatory Agreement No. 1 between The Nature Conservancy and the IDB.pdf
Dec. 14, 2017
English
https://www.iadb.org/document.cfm?id=EZSHARE-2056220512-5052
Technical Cooperation Agreement
Agreement - Water Funds - A Conservation, Climate Resilient Model for Stressed Watersheds in Latin America and the Caribbean Project.pdf
Apr. 19, 2018
English
https://www.iadb.org/document.cfm?id=EZSHARE-2056220512-6057
Technical Cooperation Agreement
Amendatory Agreement No. 2 - Water Funds A Conservation Climate Resilient Model for Stressed.pdf
Jan. 17, 2019
English

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