﻿<?xml version="1.0" encoding="utf-8"?>
<projects xmlns:pb="http://www.acdi-cida.gc.ca/opendata/pb/1-0-0">
  <header>
    <headerInformation>International Development Projects - 2026-04-20 5:10:25 PM - all published projects</headerInformation>
    <language>English</language>
    <filter></filter>
  </header>
  <project>
    <projectNumber>CA-3-P012183001</projectNumber>
    <dateModified>2026-04-20T06:32:50</dateModified>
    <title>Canadian climate resilience accelerator for Latin America and the Caribbean</title>
    <description>This project aims to use private sector investments in climate change mitigation and adaptation across Latin America and the Caribbean while promoting gender-responsive, sustainable economic development. The project offers lower-cost and longer-term loans for innovative private-sector projects that need concessional financing to be viable.   Project activities include: (1) investing in climate-smart agriculture practices. This includes drought-resistant seed varieties, irrigation infrastructure, and sustainable land use practices that aim to increase productivity, enhance resilience, and reduce greenhouse gas emissions; (2) scaling up low carbon and climate resilient technologies such as energy storage, wastewater management, and charging infrastructure; (3) restoring sand beaches, dunes, mangroves, and coral reefs to increase coastal resilience and protect the most vulnerable communities from the impacts of climate change; and (4) developing carbon markets in Latin America and the Caribbean by advising and financing borrowing member countries, developing carbon credit methodologies, and increasing transparency in market conditions.</description>
    <status>Operational</status>
    <start>2024-03-08T00:00:00</start>
    <end>2047-03-31T00:00:00</end>
    <countries />
    <executingAgencyPartner>IDB - Inter-American Development Bank </executingAgencyPartner>
    <DACSectors>
      <DACSectors>Public transport services 5.00%</DACSectors>
      <DACSectors>Energy conservation and demand-side efficiency 10.00%</DACSectors>
      <DACSectors>Energy generation, renewable sources - multiple technologies 14.00%</DACSectors>
      <DACSectors>Solar energy 25.00%</DACSectors>
      <DACSectors>Wind energy 20.00%</DACSectors>
      <DACSectors>Biofuel-fired power plants 1.00%</DACSectors>
      <DACSectors>Electric power transmission and  distribution 1.00%</DACSectors>
      <DACSectors>Agricultural development 1.00%</DACSectors>
      <DACSectors>Forestry development 1.00%</DACSectors>
      <DACSectors>Bio-diversity 15.00%</DACSectors>
      <DACSectors>Site preservation 7.00%</DACSectors>
    </DACSectors>
    <maximumContribution>500000000.00</maximumContribution>
    <ContributingOrganization></ContributingOrganization>
    <expectedResults>The expected outcomes of this project include: (1) raised up to $4 billion in public and private investments; and (2) reduced and avoided 25 million tonnes of greenhouse gas emissions.</expectedResults>
    <resultsAchieved></resultsAchieved>
    <aidType>Contributions to specific-purpose programmes and funds managed by implementing partners</aidType>
    <collaborationType>Bilateral</collaborationType>
    <financeType>Reimbursable grant</financeType>
    <flowType></flowType>
    <reportingOrganisation>Global Affairs Canada</reportingOrganisation>
    <programName>YFMInternaAssistPartnershp&amp;Programing Br</programName>
    <selectionMechanism>Department-Initiated</selectionMechanism>
    <policyMarkers>
      <policyMarker level="2">Environmental sustainability (cross-cutting)</policyMarker>
      <policyMarker level="2">Climate Change Adaptation</policyMarker>
      <policyMarker level="2">Climate change mitigation</policyMarker>
      <policyMarker level="1">Gender equality</policyMarker>
    </policyMarkers>
    <regions>
      <region>South America, regional</region>
      <region>North and Central America, regional</region>
      <region>West Indies, regional</region>
    </regions>
    <alternameImPositions />
    <budgets>
      <budget budgetType="Original" startDate="2023-04-01T00:00:00" endDate="2024-03-31T00:00:00" valueDate="2024-03-08T00:00:00">170000000.00</budget>
      <budget budgetType="Original" startDate="2024-04-01T00:00:00" endDate="2025-03-31T00:00:00" valueDate="2024-03-08T00:00:00">240000000.00</budget>
      <budget budgetType="Original" startDate="2025-04-01T00:00:00" endDate="2026-03-31T00:00:00" valueDate="2024-03-08T00:00:00">90000000.00</budget>
    </budgets>
    <Locations />
    <otherIdentifiers>
      <otherIdentifier otherIdentifierType="CRS Activity identifier">2024200254</otherIdentifier>
    </otherIdentifiers>
    <participatingOrgs>
      <participatingOrg number="0001002421" city="Washington                         " province="District of Columbia" countryCode="US " channelCode="46012" iatiid="46012">IDB - Inter-American Development Bank </participatingOrg>
    </participatingOrgs>
    <programDataStructure />
    <relatedActivities>
      <relatedActivity relatedActivityType="Sibling">CA-3-P012183002</relatedActivity>
    </relatedActivities>
    <transactions>
      <transaction transactionDate="2024-03-08T00:00:00" valueDate="2024-03-08T00:00:00" transactionType="Commitment" flowType="ODA" tiedStatus="Untied">500000000.00</transaction>
      <transaction transactionDate="2024-03-11T00:00:00" valueDate="2024-03-11T00:00:00" transactionType="Disbursement" flowType="ODA" tiedStatus="">-170000.00</transaction>
      <transaction transactionDate="2024-03-11T00:00:00" valueDate="2024-03-11T00:00:00" transactionType="Disbursement" flowType="ODA" tiedStatus="">170000.00</transaction>
      <transaction transactionDate="2024-03-12T00:00:00" valueDate="2024-03-12T00:00:00" transactionType="Disbursement" flowType="ODA" tiedStatus="">170000000.00</transaction>
      <transaction transactionDate="2025-02-13T00:00:00" valueDate="2025-02-13T00:00:00" transactionType="Disbursement" flowType="ODA" tiedStatus="">240000000.00</transaction>
      <transaction transactionDate="2025-11-14T00:00:00" valueDate="2025-11-14T00:00:00" transactionType="Disbursement" flowType="ODA" tiedStatus="">90000000.00</transaction>
      <transaction transactionDate="2025-12-12T00:00:00" valueDate="2025-12-12T00:00:00" transactionType="Disbursement" flowType="ODA" tiedStatus="">-90000000.00</transaction>
      <transaction transactionDate="2025-12-12T00:00:00" valueDate="2025-12-12T00:00:00" transactionType="Disbursement" flowType="ODA" tiedStatus="">25.00</transaction>
      <transaction transactionDate="2025-12-23T00:00:00" valueDate="2025-12-23T00:00:00" transactionType="Disbursement" flowType="ODA" tiedStatus="">89999975.00</transaction>
    </transactions>
  </project>
</projects>