Amazon Biome Regenerative Economy Outcomes Fund
Aligned SDGs
- Amazon Biome Regenerative Economy Outcomes Fund
- General overview
- Intervention
- Location
- Last data update
- Spreadsheet of data
- Amazon Biome Regenerative Economy Outcomes Fund
- General overview
- Intervention
- Location
- Last data update
- Spreadsheet of data
General overview
Stage of development: Early stage
Policy sectors: Employment and private sector development / Environment and climate change
Type of instrument: Impact Bond / Outcomes Fund
Delivery locations: Colombia
Country classification: Upper-middle-income
Intervention
Social or environmental challenge
"Deforestation in the Amazon leads to GHG emissions and loss of biodiversity, compounded by the lack of sustainable livelihoods in local communities. Problems anchored to high levels of multidimensional poverty in rural communities of the Amazon (including indigenous and peasant communities), prevailing productive activities related to deforestation.
Nature tourism as a mitigant is promising, but presents challenges:
-Lack of sufficient capacities in tourism and conservation.
-Lack of articulation between actors in the chain.
-Little technological adoption in nature tourism businesses creates friction in the purchase.
-Lack of positioning in the market of emerging destinations weakens the effective generation of income.
-Lack of cost-efficient systems for measuring socio-environmental impact limit the generation of value, awareness and decision-making.
-There is a gap in the sector to access the capital available in tourism and conservation, as it is a highly fragmented and informal chain."
Description of the intervention
To carry out a feasibility study for the design of a Payment by Results Fund (Amazon Biome Regenerative Economy Outcomes Fund) whose purpose is the conservation of habitat and biodiversity with practices in the regenerative economy in the Amazon Biome. A roadmap will be designed with the essential steps to design said fund and issue the impact bonds that are identified as priorities (Nature Based Tourism, Wildlife Conservation, Regenerative Agriculture and Traditional Ancestral knowledge), including the eligibility criteria and impact indicators, the field actions that can be supported, the procedure required, actors involved and their profiles, monitoring, verification and reporting mechanisms, operating policies and the financial model for the structuring, certification, marketing and issuance of the fund. The initial challenge to be designed and issued is Nature-Based Tourism (NB Tourism) which is the main focus of this proposal.
Location
Country:
- Colombia
Locality:
- Colombia
Last data update
Data for this pipeline project was last updated in August 2023
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Spreadsheet of data
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