EDGE LAC: climate change initiatives mapping exercise

The objective of the consultancy was to conduct a detailed assessment of the market opportunities the EDGE program aimed to accelerate the development of the Climate Change related business and climate financed market in the LAC region.

The work developed by the consultant consortium in collaboration with the EDGE team consisted of a mapping exercise to identify Climate Change (CC) initiatives in Latin America and the Caribbean in relation to the COP21 summit that enabled IFC to outline Action Plan for the likely Climate Investments.

The mapping exercise sought to provide a map of incentives for business and projects related to climate change adaptation in Latin America and the Caribbean. It provided an overview of how the commitments made by countries in preparation for the COP21 objectives and other climate change scenarios could be used by IFC as a frame of reference for planning future interventions.

To achieve this, Metroeconomica developed a review of the COP21 outcomes and its possible impact to the private sector climate investment enabling environments and addressed key elements that facilitated an exercise for the prioritization and targeting of resources for the IFC strategy team. This was done through workshops and key outcomes were incorporated into a regional Action Plan.

  1. Client
    World Bank Group, International Finance Corporation (IFC)
  2. Solution
    Climate change and energy
  3. Dates
    02/2016 – 05/2016
  4. Location
    Antigua and Barbuda
    Argentina
    Aruba
    Bahamas
    Barbados
    Belize
    Bolivia
    Brazil
    British Virgin Islands
    Cayman Islands
    Chile
    Colombia
    Costa Rica
    Cuba
    Dominica
    Dominican Republic
    Ecuador
    El Salvador
    Grenada
    Guadeloupe
    Guatemala
    Haiti
    Honduras
    Jamaica
    Martinique
    Nicaragua
    Panama
    Paraguay
    Peru
    Puerto Rico
    Saint Kitts and Nevis
    Saint Lucia
    Saint Vincent and the Grenadines
    Trinidad and Tobago
    Turks and Caicos Islands
    Uruguay
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