Financing opportunities for adaptation to climate change

In order to contribute to strengthen the capacity of public institutions and the non-governmental sector in countries of the Meso-American region and the Caribbean, and to acknowledge the financing needs associated to the national efforts to adapt to climate change, CAF, Development Bank of Latin America, conducted a workshop called "Exploring Financing Needs" in Mexico D.F. during September 9th and 10th. 

Ligia Castro, Director of the Institution´s Department of the Environment and Climate Change, expressed that "it is the second workshop carried out by CAF to show the regional and national advances in planning adaptation to climate change, as well as to exchange experiences and evaluate financing possibilities". 

This edition included the participation of government officials linked to the environmental and planning sectors, and investment for adaptation to climate change in the countries of the Meso-American region and the Caribbean, members of technical teams, and representatives of multilateral organizations, who shared experiences regarding projects and measures to mitigate the effects of climate change; they learned about the opportunities, financing programs, and the advance of the plans in Belize, Costa Rica, Cuba, El Salvador, Guatemala, Honduras, Jamaica, Mexico, Nicaragua, Panama, Dominican Republic, and Trinidad & Tobago.  

In 2013, a workshop took place in Lima with a sub-regional approach in South America, involving Colombia, Chile, Ecuador, Peru, Argentina, Bolivia, Paraguay and Uruguay.

Thus, CAF supports the promotion and consolidation of the environmental sector through programs and actions aimed at promoting a sustainable productive transformation in its shareholder countries, as well as through its financing operations, which are environmentally sustainable and socially responsible.