CAF and Rothschild & Co join forces to protect the biodiversity of Latin America and the Caribbean

CAF and Rothschild & Co will explore traditional, innovative and mixed financing mechanisms for projects in Latin America and the Caribbean that have a positive impact on biodiversity, promote nature-based solutions and drive green and blue growth. This initiative also includes contributing to the development of market guidelines and best practices for future mixed financing mechanisms.

“The alliance with Rothschild & Co will help us find new financing mechanisms to mobilize the investments necessary to adapt to climate change, mitigate its effects and achieve a transition towards productive systems that are responsible with the environment and that contribute to protecting biodiversity. ”said Alicia Montalvo, manager of Climate Action and Positive Biodiversity at CAF.

Rothschild & Co is pleased with this alliance with CAF, a highly renowned institution at the forefront of climate action. We will join forces so that CAF member countries can make responsible investments under the most attractive financial conditions, in a sustainable finance market in permanent evolution.

This alliance was born from the need of CAF member countries to finance projects and programs that allow them to meet objective 2 of the Kunming-Montreal Global Biodiversity Framework, which consists of: “Ensure that by 2030, at least 30% of degraded terrestrial areas, inland waters and marine & coastal ecosystems are under effective restoration to increase biodiversity and ecosystem functions and services and ecological integrity and connectivity.