Amazon Countries Launch $1 Billion Facility for Resilient Infrastructure and Cities under IDB Group's Amazonia Forever Program
Brazil, Nov. 11 -- Amazon countries - Bolivia, Brazil, Colombia, Ecuador, Guyana, Peru, and Suriname - today launched the Amazonia Forever Facility for Cities and Resilient Infrastructure, a regional alliance that seeks to mobilize more than $1 billion to accelerate investments in water security, clean energy, and resilient urban infrastructure, with a multisectoral and territorial approach.The initiative, led by the Amazonia Network of Ministers of Finance and Planning, was formalized through a joint declaration signed by member states. It is supported by the Inter-American Development Bank Group (IDB Group), within the framework of its flagship Amazonia Forever program, and is backed by multilateral climate funds, bilateral donors, and lo...
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