Climate finance for the Amazon region

Rainforest Mountains - Amazon rain forest

The Amazon is a crucial region for the global climate. This valuable ecosystem spanning nine states across South America, is the largest storer of carbon on earth and plays an important role in cooling the atmosphere. Regional development with a sustainable focus can preserve Amazonian forests and counteract climate change. For this to occur, it is essential to finance specific actions to be undertaken in the region.

In September 2017, adelphi organized a two-day training on climate finance issues for the member countries of the Amazon Cooperation Treaty Organization (ACTO, consisting of Bolivia, Brazil, Ecuador, Guyana, Colombia, Peru, Suriname, Venezuela) in Brasilia (Brazil). The workshop took place on behalf of the regional project "Strengthening the Amazon Cooperation Treaty Organization (ACTO)" from the German Development Agency (GIZ). The training aimed to give the participants an overview of the international climate financing landscape and to provide in-depth knowledge of the specifics of funding mechanisms and participating institutions. Particular focus was placed on the Green Climate Fund (GCF).

The content and methodology of the training was based on the Climate Finance Readiness Training (CliFiT), which adelphi developed on behalf of the GIZ CF Ready Programme together with the financial support by the Federal Ministry for Economic Cooperation and Development (BMZ).