AquaFund as a Catalyzer for Climate Action in the LAC Region
Date issued
May 2025
Subject
Climate Finance;
Water and Sanitation;
Water Management;
Climate Change;
Finance;
Climate Change Adaptation;
Water Security;
Greenhouse Gas Emission
JEL code
Q25 - Water;
O54 - Latin America • Caribbean;
F35 - Foreign Aid;
F64 - Environment;
F63 - Economic Development;
H84 - Disaster Aid
Category
Catalogs and Brochures
Water is fundamental to the region's economic growth, with essential exports relying entirely on it. Over 70% of agricultural output in Latin America and the Caribbean (LAC reliens on rainwater (Villalobos et al. 2017). The combination of extreme events and ater scarcity could jeopardize economic growth and security in Latin America in the near future. In this context, AquaFund (AQF) has played a leading role in financing and providing technical expertise for water management, adaptation and mitigation policies to generate more resilient economies in the region. AquaFund set a climate change financing of 30% in its Results Framework for 2018-2021 to anhance the funding of cliamte-related projects.
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