Accessing International Climate Change Related Finance in Latin America and the Caribbean

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dc.creatorWorld Bank
dc.date2013-10-03T19:47:38Z
dc.date2013-10-03T19:47:38Z
dc.date2013-06-14
dc.date.accessioned2026-07-01T00:51:11Z
dc.descriptionFinancing projects and programs to mitigate impacts of, and adapt to, the climate change is a matter of necessity not choice. This green expenditure policy note looks at factors facilitating the access to international financial instruments for Latin America and the Caribbean (LAC) countries that support mitigation of and adaptation to climate change. This policy note explores two questions: (i) does the quality of government institutions matter for enabling action aimed at mitigation or adaptation to the climate change?; and (ii) what financial instruments are available to governments in addition to own resources to address climate change challenges? This policy note aims to present them with advice on how to achieve greater access to international financing or co-financing of projects supporting renewable and alternative energy generation for transport, agriculture, housing, preservation of unique ecosystems, and other projects supporting sustainable development. This policy note describes the climate challenges facing the LAC region and then discusses the various climate financing flows. It discusses the factors affecting LAC countries' access to climate financing, and how countries can apply to several of the principal global and regional climate funds. The objective is to disseminate knowledge that will help governments of all LAC countries, and particularly finance ministries, understand and access new climate funds and financing mechanisms. The policy note consists of three parts: part one reviews the global landscape of the climate change financing for mitigation and adaptation and emerging trends, identifies various financial instruments, and presents an overview of the LAC's share of available finances from several public financing sources, both bilateral and multilateral. Part two reviews two case studies for Bolivia and El Salvador that demonstrate how each of these countries addresses environmental challenges through its policies, institutional systems and involvement of the civil society. Part three includes technical annexes, which represent a compilation of technical information presenting main climate change financial instruments. A list of global and specialized climate funds of possible interest to LAC countries appear in annex one. A complementary list of climate finance instruments appears in annex two, in which climate funds as well as financial tools are named, described, and categorized according to their primary purpose. A more detailed description of several of the largest climate funds including when such funds were founded, their purpose, and eligibility requirements are presented in annex three. Annex four provides a step-by-step description of how to apply to the largest climate funds. Annex five lists the LAC projects that have been supported by Global Environment Facility (GEF) by country.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2013/06/17939143/latin-america-accessing-international-climate-change-related-finance-latin-america-caribbean
dc.identifierhttps://hdl.handle.net/10986/16073
dc.identifierhttps://doi.org/10.1596/16073
dc.identifier.urihttp://hdl.handle.net/123456789/411966
dc.languageEnglish
dc.languageen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectACCREDITATION
dc.subjectADVANCED ECONOMIES
dc.subjectADVERSE EFFECTS OF CLIMATE CHANGE
dc.subjectAGRICULTURE ORGANIZATION
dc.subjectALLOWANCES
dc.subjectALTERNATIVE ENERGY
dc.subjectAPPLICATION PROCESS
dc.subjectATMOSPHERIC CONCENTRATION
dc.subjectAWARENESS OF CLIMATE CHANGE
dc.subjectCAPITAL INVESTMENTS
dc.subjectCAPITAL MARKET
dc.subjectCARBON
dc.subjectCARBON CREDITS
dc.subjectCARBON EMISSIONS
dc.subjectCARBON EMISSIONS FROM DEFORESTATION
dc.subjectCARBON FINANCE
dc.subjectCARBON MARKET
dc.subjectCARBON MARKETS
dc.subjectCARBON NEUTRAL
dc.subjectCARBON OFFSET
dc.subjectCARBON OFFSETS
dc.subjectCARBON TAXES
dc.subjectCERTIFIED EMISSIONS REDUCTIONS
dc.subjectCHEMICALS
dc.subjectCLEAN DEVELOPMENT MECHANISM
dc.subjectCLEAN ENERGY
dc.subjectCLEAN ENERGY TECHNOLOGIES
dc.subjectCLEAN TECHNOLOGY
dc.subjectCLIMATE
dc.subjectCLIMATE ACTION
dc.subjectCLIMATE CHANGE
dc.subjectCLIMATE CHANGE ACTIVITIES
dc.subjectCLIMATE CHANGE ADAPTATION
dc.subjectCLIMATE CHANGE CHALLENGES
dc.subjectCLIMATE CHANGE FUND
dc.subjectCLIMATE CHANGE FUNDS
dc.subjectCLIMATE CHANGE MITIGATION
dc.subjectCLIMATE CHANGE PROBLEMS
dc.subjectCLIMATE CHANGE PROGRAM
dc.subjectCLIMATE CHANGE RESEARCH
dc.subjectCLIMATE CHANGE STRATEGY
dc.subjectCLIMATE FACTORS
dc.subjectCLIMATE INITIATIVE
dc.subjectCLIMATE INVESTMENT
dc.subjectCLIMATE MITIGATION
dc.subjectCLIMATE POLICY
dc.subjectCLIMATE RESILIENCE
dc.subjectCLIMATE SPECIALISTS
dc.subjectCLIMATE-CHANGE
dc.subjectCLIMATE-RELATED DISASTERS
dc.subjectCO
dc.subjectCO2
dc.subjectCOLORS
dc.subjectCONCEPTUAL FRAMEWORK
dc.subjectCOSTS OF CLIMATE CHANGE
dc.subjectCPI
dc.subjectDEBT
dc.subjectDEFORESTATION
dc.subjectDEMAND FOR ENERGY
dc.subjectDEMOGRAPHICS
dc.subjectDEVELOPED COUNTRIES
dc.subjectDEVELOPMENT ASSISTANCE
dc.subjectDEVELOPMENT BANK
dc.subjectDEVELOPMENT BANKS
dc.subjectDISASTER PREVENTION
dc.subjectDNA
dc.subjectDOMESTIC SOURCES
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIES OF SCALE
dc.subjectECOSYSTEM
dc.subjectELIGIBILITY CRITERIA
dc.subjectEMISSION
dc.subjectEMISSION REDUCTION
dc.subjectEMISSION REDUCTION POTENTIAL
dc.subjectEMISSION REDUCTION TARGETS
dc.subjectEMISSION REDUCTIONS
dc.subjectEMISSION TRADING
dc.subjectEMISSION-REDUCTION
dc.subjectEMISSIONS
dc.subjectEMISSIONS FROM DEFORESTATION
dc.subjectEMISSIONS REDUCTION
dc.subjectENERGY CONSUMPTION
dc.subjectENERGY EFFICIENCY
dc.subjectENERGY SECURITY
dc.subjectENVIRONMENTAL
dc.subjectENVIRONMENTAL ECONOMICS
dc.subjectENVIRONMENTAL IMPACTS
dc.subjectENVIRONMENTAL ISSUES
dc.subjectENVIRONMENTAL MANAGEMENT
dc.subjectENVIRONMENTAL POLICIES
dc.subjectENVIRONMENTAL POLICY
dc.subjectENVIRONMENTAL PROBLEMS
dc.subjectENVIRONMENTAL REGULATION
dc.subjectENVIRONMENTAL TAXATION
dc.subjectENVIRONMENTAL TAXES
dc.subjectEQUITY INVESTMENTS
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectEXPOSURE TO CLIMATE CHANGE
dc.subjectEXTREME CLIMATE EVENTS
dc.subjectEXTREME WEATHER
dc.subjectFIDUCIARY STANDARDS
dc.subjectFINANCE INITIATIVES
dc.subjectFINANCIAL CHALLENGES
dc.subjectFINANCIAL INCENTIVES
dc.subjectFINANCIAL INSTRUMENTS
dc.subjectFINANCIAL INTERMEDIARY
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL RESOURCES
dc.subjectFINANCIAL RISK
dc.subjectFINANCIAL TOOLS
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREST
dc.subjectFOREST CARBON
dc.subjectFOREST CARBON STOCKS
dc.subjectFOREST DEGRADATION
dc.subjectFOREST INVESTMENT
dc.subjectFOREST RESOURCES
dc.subjectFORESTRY
dc.subjectFORESTS
dc.subjectFRAMEWORK CONVENTION ON CLIMATE CHANGE
dc.subjectFUNDING SOURCES
dc.subjectGHG
dc.subjectGHGS
dc.subjectGLOBAL CLIMATE
dc.subjectGLOBAL ENVIRONMENT FACILITY
dc.subjectGLOBAL ENVIRONMENTAL FACILITY
dc.subjectGLOBAL GREENHOUSE GAS
dc.subjectGLOBAL WARMING
dc.subjectGOVERNMENT POLICY
dc.subjectGREATER ACCESS
dc.subjectGREENHOUSE
dc.subjectGREENHOUSE GAS
dc.subjectGREENHOUSE GAS EMISSIONS
dc.subjectGROSS NATIONAL INCOME
dc.subjectINEQUALITY
dc.subjectINNOVATIVE FINANCING
dc.subjectINSTITUTIONAL INVESTORS
dc.subjectINSURANCE
dc.subjectINTERGOVERNMENTAL PANEL ON CLIMATE CHANGE
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL FINANCE
dc.subjectINTERNATIONAL FINANCIAL INSTITUTIONS
dc.subjectINTERNATIONAL FOREST CARBON
dc.subjectINVESTMENT BANK
dc.subjectISLAND ECONOMIES
dc.subjectLAND DEGRADATION
dc.subjectLAND USE
dc.subjectLAND USE CHANGE
dc.subjectLINES OF CREDIT
dc.subjectLOW-CARBON
dc.subjectMETHANE
dc.subjectMITIGATION OF CLIMATE CHANGE
dc.subjectMONETARY FUND
dc.subjectMULTILATERAL FINANCIAL INSTITUTIONS
dc.subjectN2O
dc.subjectNATIONAL CLIMATE
dc.subjectNATIONAL CLIMATE CHANGE
dc.subjectNATIONAL INCOME
dc.subjectNATURAL RESOURCES
dc.subjectODS
dc.subjectOFFSET CREDITS
dc.subjectOIL
dc.subjectOZONE
dc.subjectPENSION FUNDS
dc.subjectPEOPLES
dc.subjectPOLLUTERS
dc.subjectPOLLUTION
dc.subjectPORTFOLIO
dc.subjectPP
dc.subjectPRIVATE EQUITY
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE INVESTORS
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC FINANCE
dc.subjectPUBLIC FINANCES
dc.subjectPUBLIC POLICY
dc.subjectRAINFALL
dc.subjectRECYCLING
dc.subjectREDUCING EMISSIONS
dc.subjectREGIONAL CLIMATE
dc.subjectREGIONAL CLIMATE PROJECTIONS
dc.subjectREGULATORY FRAMEWORK
dc.subjectRENEWABLE ENERGY
dc.subjectRENEWABLE ENERGY SOURCES
dc.subjectRESOURCE ALLOCATION
dc.subjectRESOURCE USE
dc.subjectSCIENTIFIC RESEARCH
dc.subjectSOURCES OF FINANCE
dc.subjectSTRATEGIES FOR CLIMATE CHANGE
dc.subjectSUSTAINABLE DEVELOPMENT
dc.subjectSUSTAINABLE MANAGEMENT
dc.subjectTECHNOLOGICAL CHANGE
dc.subjectUNEP
dc.subjectUNION
dc.subjectVULNERABILITY TO CLIMATE CHANGE
dc.subjectWASTE MANAGEMENT
dc.subjectWIND
dc.titleAccessing International Climate Change Related Finance in Latin America and the Caribbean

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