Strategic framework for supporting climate change action in Latin America and the Caribbean (Climate Change Strategy profile) |
Mar 2010
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The IDB is developing a Climate Change Strategy (CCS) to be submitted for approval by
the Inter-American Development Bank’s (IDB’s) Executive Board in 2010. The objective of the CCS is to serve as a guiding instrument for scaling up IDB support for actions to mitigate and adapt to climate change within Latin America and the Caribbean (LAC).
Leveraging the IDB’s institutional strengths and its unique advantages, the CCS will promote the development and use of a range of public and private sector financial and non-financial instruments for strengthening the institutional, technical, and financial capacity to address climate change challenges. It will also guide and facilitate the Bank’s dialogue with governments, civil society, and the private sector concerning regional and national climate policy agendas. The CCS will bring public and private financing and capacity building into a single framework for climate action, and will orient the Bank’s efforts to strengthen and consolidate its own capacities, readiness and comparative advantages in order to mainstream climate change sustainability objectives into its operations.
A preliminary Results Matrix for the CC Strategy is included in this profile.
The CCS Profile will be submitted to the IDB Executive Board for consideration before the IDB Governors meeting in Cancun, Mexico (March 2010). The IDB administration will seek approval of the CCS Document by the IDB Executive Board in August, 2010.
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