MOBILIZING GCF FUNDING FOR GALAPAGOS
This project aims at identifying measures to support the Galapagos Islands' adaptation to climate change. Natural Strategies helps turn these measures into two concept notes for the Green Climate Fund.
The Galápagos Islands in Ecuador already experience the impacts of climate change. As highlighted in a 2011 WWF study, changes in the temperatures of the ocean and currents already alter the frequency, intensity and distribution of heat waves, storms and rainfall. Due to this, the unique biodiversity of the Galápagos islands is at risk. The threat to Galápagos’ biodiversity and natural resources also has a direct impact on its local human communities as they depend on nature-based tourism, fisheries and agriculture.
This project, implemented by the Development Bank of Latin America (CAF) and the Agence Française de Développement (AFD) aims at identifying and prioritizing concrete measures to help two cities in the Galápagos and Loja Provinces of Ecuador adapt to the impacts of climate change. To turn these measures into action and mobilize required finance, Natural Strategies helps translate them into two concept notes for the Green Climate Fund (GCF), in collaboration with local and international consultants.
Country
Ecuador
Client
Lavola
Thematic areas
Climate Finance,
Ecosystems & biodiversity
Duration
2019