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Supporting the Development of Blue Carbon Markets in the Caribbean

The general objective of this Technical Cooperation (TC) is to set the foundation for Caribbean governments and businesses to participate in global blue carbon markets. The specific objectives are to: (i) conduct detailed assessment of carbon stocks in blue carbon ecosystems (mangrove forests and seagrass beds) in beneficiary countries; (ii) develop a regional policy/legislative framework to prepare countries to harness blue carbon markets and natural assets financing; and (iii) establish a policy dialogue to disseminate knowledge and strengthen capabilities for present and future participation in blue carbon markets.

Project Detail

Country

Regional

Project Number

RG-T4486

Approval Date

July 26, 2024

Project Status

Implementation

Project Type

Technical Cooperation

Sector

ENVIRONMENT AND NATURAL DISASTERS

Subsector

CLIMATE CHANGE FINANCING

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 600,000.00

Country Counterpart Financing

-

Original Amount Approved

USD 600,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/AC-20962-RG Sovereign Guaranteed USD - United States Dollar NDC Pipeline Accelerator Multidonor Fund Nonreimbursable
ATN/OC-20961-RG Sovereign Guaranteed USD - United States Dollar Ordinary Capital Nonreimbursable
Operation Number ATN/AC-20962-RG
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: NDC Pipeline Accelerator Multidonor Fund
  • Financial Instrument: Nonreimbursable
Operation Number ATN/OC-20961-RG
  • 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=EZIDB0002153-1118167411-31
Electronic Links
Results Matrix_86926.pdf
Aug. 07, 2024
English
https://www.iadb.org/document.cfm?id=EZIDB0002153-1118167411-27
Electronic Links
Terms of Reference_40158.pdf
Jul. 31, 2024
English
https://www.iadb.org/document.cfm?id=EZIDB0002153-1118167411-28
Electronic Links
Procurement Plan_10537.pdf
Jul. 31, 2024
English
https://www.iadb.org/document.cfm?id=EZIDB0002153-1118167411-25
Electronic Links
Request from the Client_63400.pdf
Jul. 31, 2024
English
https://www.iadb.org/document.cfm?id=EZIDB0002153-1118167411-26
Electronic Links
Results Matrix_41090.pdf
Jul. 31, 2024
English
Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB0002153-1118167411-30
TC Document
TC Document - Disclosure_41457.pdf
Jul. 31, 2024
English

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