Awarded: World Resources Institute ($500,000) |

Chemonics International, under the USAID Climate Finance for Development Accelerator (CFDA), seeks to identify and assess financial models in Latin America and the Caribbean (LAC) that link nature-based solutions with urban climate resilience and adaptation. Climate Finance for Cities and Nature in Latin America and the Caribbean Activity (LAC Cities & Nature) will explore financing models that support not only improved climate adaptation and climate resilience of urban areas but also reduced greenhouse gas (GHG) emissions and/or increased carbon sinks in tropical forests, paramos, mangroves, or other high carbon ecosystems.

CFDA seeks an organization with experience in LAC and in conducting assessments related to urban adaptation and mitigation, climate finance, and/or nature-based solutions to carry out a landscape analysis of financing models to identify approaches that have – or have the potential to – achieve the following two key synergistic outcomes in LAC:

  • Reduced GHG emissions and/or increased carbon sinks in tropical forests, paramos, mangroves or other high carbon ecosystems, in and around cities, and;
  • Improved climate adaptation and resilience, including disaster risk reduction, of urban centers through the provision of key ecosystem services such as water, temperature regulation, and flood protection.

Proposals will be accepted through October 13, 2023 at 11:59pm Eastern Daylight Time (EDT).

Interested offerors are encouraged to join the Climate Finance Investment Network (CFIN). Managed by CFDA, the CFIN brings together climate finance stakeholders across a diverse set of sectors and emerging and frontier markets to partner with USAID. The objective of the network is to crowd in private sector climate financing through learning, partnership facilitation, and catalytic grants. CFDA will share all full and open solicitations, amendments, answers to questions, and other updates with contacts registered with the CFIN. There is no cost to join the CFIN and membership does not involve any commitment or obligation.