Water resources in Latin America and the Caribbean are highly seasonal and unequally distributed. Climate modelling is predicting greater variation in precipitation, worsening extreme weather events and an increased frequency in water- related disasters. By 2025, estimates show that around 70 percent of the population could be affected by water scarcity. The project aims to support 20 at-risk cities by helping to improve the resilience of their water supplies. Long-term management structures are also being introduced to improve the public and private funding of ecosystem-based adaptation (EbA). Water funds will be set up and reinforced with the aim of improving both the security of supply and ecosystem functions. This work also promotes water management models with financing strategies based on water prices as well as private sector partnerships. The insights obtained by the project will help to utilise the water funds model to increase the security of water supplies both regionally and globally.
Countries: Brazil, Colombia, Dominican Republic, Ecuador, Guatemala, Peru
IKI funding: 5,000,000.00 €
Duration: 07/2018 till 12/2022
Status: open
Implementing organization: Inter-American Development Bank (IADB / IDB / BID)
Political Partner: Environmental Secretary of São Paulo Government State; Ministry of Environment (MINAM) – Peru; Ministry of Environment – Ecuador; Ministry of Environment and Natural Resources – Dominican Republic; Ministry of Environment and Sustainable Development (MADS) – Colombia; Ministry of the Environment Brasil (MMA); National Council for Climate Change and the Clean Development Mechanism – Dominican Republic; National Superintendence of Sanitation Services (SUNASS); National Water Agency – Brazil; Quito municipality – Ecuador
Implementing Partner: The Nature Conservancy (TNC); The Nature Conservancy (TNC) Europe gGmbH
