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RG-T3415 : Development of the Natural Capital Lab

Project Status: Closed

To support the sustainable use of Natural Capital, the IDB Group has launched the Natural Capital Lab with the vision of promoting innovative solutions to efficiently conserve and restore natural capital in LAC by translating environmental issues into cost/benefit opportunities and treating nature as an asset, in a cross-sectoral approach. The Natural Capital Lab is a joint venture of the IDB's Climate Change and Sustainability Division with the IDB Lab. This TC will support CSD in the development of the Natural Capital Lab. It will enable the Lab to generate knowledge and capacity to support the deployment of Natural Capital Lab resources committed by the governments of France and the UK. Specifically, it will support identification and development of innovative tools and financing models to value and protect the region's natural capital, and systematize and transmit those products to the region's countries through workshops, and in projects developed by the Natural Capital Lab with IDB Group departments.

Project Detail

Project Number
RG-T3415
Project Country
Regional
Project Sector
ENVIRONMENT AND NATURAL DISASTERS
Project Subsector
BIODIVERSITY AND PROTECTED AREAS CONSERVATION
Project Type
Technical Cooperation
Project Lending Type
SG
Project Modality
Project Facility Type
Environmental and social impact category
C
Project Status
Closed
Operation Number
ATN/OC-17333-RG

Financial Information

Project Number
RG-T3415
Project Status
Closed

IDB Financing

Financing type
TCN
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Nov/30/2022

Roles & Responsibilities

Contract signature date
May/07/2019

Project Information

Total Cost
USD 975,000
Country counterpart financing
USD 0
Amount
USD 975,000

Approved

Title
Type
Project Number
Date Published
TC Document
RG-T3415
May 29, 2019
TC Document
RG-T3415
May 29, 2019
TC Document
RG-T3415
May 29, 2019
TC Document
RG-T3415
May 29, 2019
TC Document
RG-T3415
May 29, 2019
TC Document
RG-T3415
May 29, 2019

Implementation

Title
Type
Project Number
Date Published
Notice of Contract Award (SG)
RG-T3415
October 16, 2019