International Development Grant

Technical cooperation fund for the Canadian climate resilience accelerator

Project Number: CA-3-P012183002

Status: Operational

Country/Region: Unknown

Regional Focus:

West Indies 20%
North and Central America 30%
South America 50%

Maximum Contribution: $10,000,000.00

Start Date: March 21, 2024

End Date: July 31, 2028

Duration: 4.4 years

Project Description

This project aims implement the Accelerator Fund by enhancing the bankability of projects in Latin America and the Caribbean particularly in nature-based solutions and climate change adaptation. Project activities include: (1) funding feasibility and technical studies on new technologies; (2) developing climate action plans with private sector companies; (3) identifying trends that they can use to replicate and scale successful initiatives; (4) increasing awareness and developing action plans for gender equality and diversity; (5) supporting financial institutions in implementing recommendations from the Task Force on Climate-related Financial Disclosures and the Task Force on Nature-related Financial Disclosures; and (6) documenting case studies and sharing lessons learned with interested stakeholders.

Expected Results

The expected outcomes of this project include: (1) developed climate change projects with diversity equity and inclusion measures; (2) built the capacity for climate and inclusive practices; and (3) enhanced awareness and knowledge of climate change and equitable market opportunities.

Key Information

Executing Agency:
IDB - Inter-American Development Bank

Reporting Organization:
Global Affairs Canada

Program:
YFMInternaAssistPartnershp&Programing Br

Last Modified:
September 19, 2025

Development Classifications

DAC Sector:

Education/training in banking and financial services 100%

Aid Type: Other technical assistance

Collaboration: Bilateral

Finance Type: Aid grant excluding debt reorganisation

Selection Mechanism:
Department-Initiated

Policy Markers
Level 1 Gender equality
Level 2 Environmental sustainability (cross-cutting)
Level 2 Climate change mitigation
Level 2 Climate Change Adaptation
Major Funding (>$1M)
Budget Breakdown
2023-04-01 to 2024-03-31 $10,000,000 CAD
Geographic Information
000
Project Number: CA-3-P012183002