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Driving Change: Brazil, Chile, and Uruguay Pioneering Climate Finance for Global Transformation

December 4, 2023
Dubai, UAE and Online

Date and time: Monday, December 4, 2023

Washington, D.C. 08:00-08:45 AM | Dubai 17:00-17:45 PM

Climate challenges are diverse, requiring tailored approaches. аIJʿª½± has pioneered groundbreaking financing mechanisms in Brazil, Chile and Uruguay which would be replicated globally, demonstrating the power of aligning finance with the unique profiles of development challenges. In Uruguay, a transformative collaboration created new approach to use concessional funding to incentivize long-term, ambitious climate goals, setting a global precedent. Meanwhile, in Brazil, a US$500 million project is leveraging sustainability-linked finance to catalyze emission reductions and mobilize private capital, charting a course for nature-based solutions.  In Chile, the WB approved the first project to promote green hydrogen production investments, helping to mobilize other multilateral development partners to build a $1 billion Green Hydrogen Facility

Join us during COP28 as we navigate the intricate landscape of blended finance, private capital mobilization, and nature-based solutions.