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Carbon Markets for the Amazon Region: Assessment and Support for Institutional and Regulatory Development to support net-zero investments

The general objective of this non-reimbursable Technical Cooperation (TC) is to generate knowledge and assess opportunities of regulated carbon markets in the seven member countries of the Inter-American Development bank (IDB) that share the Amazon region to support their efforts to reduce green-house gas emissions. This TC will assess constraints, challenges, and opportunities to implement policies, regulatory frameworks and market infrastructure for regulated domestic and international carbon markets. These activities are expected to complement other solutions to foster transformative changes for reducing emissions and contribute to sustainable development in these countries. To reduce the effects of climate change, the world needs to achieve net-zero carbon emissions by mid-century, implying a transformational shift towards new, clean technologies, including sustainable land-use related practices and systemic changes ahead. Therefore, it is crucial to ensure that actions today align with such long-term required goals by mid-century.

Project Detail

Country

Regional

Project Number

RG-T4585

Approval Date

July 1, 2025

Project Status

Implementation

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

FINANCING FOR ENVIRONMENTAL SUSTAINABILITY

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 1,500,000.00

Country Counterpart Financing

-

Original Amount Approved

USD 1,500,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/JF-21701-RG Sovereign Guaranteed USD - United States Dollar Japan Special Fund Nonreimbursable
Operation Number ATN/JF-21701-RG
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Japan Special Fund
  • Financial Instrument: Nonreimbursable

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Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB0002810-187427018-25
TC Document
Project Document - Disclosure_32474.pdf
Jul. 03, 2025
en
Preparation Phase
https://www.iadb.org/document.cfm?id=EZIDB0002810-187427018-14
TC Abstract
TC Abstract - RG-T4585.pdf
May. 15, 2025
English

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