Water Funds Investment in Brazil
Description
Description
Beginning in 2012, FEMSA Foundation commits to help protect upstream water supplies by forming the Latin American Water Funds Partnership.
Implementation of the Project/Activity
According to the United Nations, over two-thirds of the global population could face water scarcity in the next 15 years. Water Funds can help turn the tide on clean water shortages around the world.
The Latin American Water Funds Partnership is the world's first initiative to engage the private and public sectors and civil society in this unique watershed conservation strategy, pioneered by The Nature Conservancy.
Video: Latin American Water Funds Partnership
<a href="http://www.youtube.com/watch?v=oYVQ8XUy7JU&feature=player_embedded">Wat… for 50 Million People: Latin American Water Funds Partnership</a>
This project is funded by FEMSA Foundation
Partners
FEMSA Foundation , The Nature Conservancy
SDGS & Targets
N/A
SDG 14 targets covered
Deliverables & Timeline
Formation of the Latin American Water Funds Partnership launched in alliance with The Nature Conservancy, the Inter-American Development Bank (IDB) and the Global Environment Facility.
$1.1 million USD directed to partnership to create, and implement at least 3 Water Funds in Brazil, based on a Payments for Ecosystem Services approach.
Nearly 130,000 acres of watersheds conserved.
Resources mobilized
Financing (in USD)
1100000
Partnership Progress
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Timeline
01 January 1970 (start date)
01 January 2017 (date of completion)
Entity
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Goals
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Geographical coverage
Brasil
More information
Countries
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