Grants and Contributions:

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Title:
Technical cooperation fund for the Canadian climate resilience accelerator
Agreement Number:
7456795 P012183002
Agreement Value:
$10,000,000.00
Agreement Date:
Mar 21, 2024 - Jul 31, 2028
Description:
This project aims implement the Accelerator Fund by enhancing the bankability of projects in Latin America and the Caribbean, particularly in nature-based solutions and climate change adaptation. Project activities include: (1) funding feasibility and technical studies on new technologies; (2) developing climate action plans with private sector companies; (3) identifying trends that they can use to replicate and scale successful initiatives; (4) increasing awareness and developing action plans for gender equality and diversity; (5) supporting financial institutions in implementing recommendations from the Task Force on Climate-related Financial Disclosures and the Task Force on Nature-related Financial Disclosures; and (6) documenting case studies and sharing lessons learned with interested stakeholders.
Organization:
Global Affairs Canada
Expected Results:

The expected outcomes of this project include: (1) developed climate change projects with diversity, equity, and inclusion measures; (2) built the capacity for climate and inclusive practices; and (3) enhanced awareness and knowledge of climate change and equitable market opportunities.

Location:
Washington, US
Reference Number:
064-2024-2025-Q2-00241
Agreement Type:
Grant
Report Type:
Grants and Contributions
Recipient Type:
Not-for-profit organization or charity
Additional Information:

Belated reporting that should have been included in the 2023-2024 4th Quarter report.

Recipient's Operating Name:
IDB - Inter-American Development Bank
Recipient's Legal Name:
IDB - Inter-American Development
Federal Riding Number:
NA
Program:
International Development Assistance Program
Program Purpose:

The main purpose on the International Development Assistance Program is to reduce poverty for those living in countries where Global Affairs Canada engages in international development.