IDB signs on to support Latin America, Caribbean Nature Fund

Interest in the environmental credentials of the Caribbean by both the United States and the Inter-American Development Bank (IABD) is expected to be strengthened in the wake of the signing of a Letter of Intent by US Under Secretary of State for Economic Growth, Energy and the Environment and IDB President IIan Goldfajn, a prerequisite to the launch of the Americas Partnership Fund for Nature in the Hemisphere. The signing of the Letter of Intent will pave the way for the creation of a Fund that will support America’s Partnership for Economic Prosperity (Americas Partnership) in pursuit of technical cooperation to enable mainstream climate, biodiversity, natural capital, and nature-based solutions (NBS) into economic development plans and investments.