Commitment to Action

Public-Private Fund Mechanisms for Watershed Protection

Commitment by

The Nature Conservancy

In 2010, The Nature Conservancy (TNC) and the Inter-American Development Bank (IDB) committed to work with partners in at least five watersheds in Latin America and the Caribbean to improve watershed management through pioneering market-based mechanisms called Water Funds. These funds pay for watershed protection and reforestation, thereby helping to provide fresh water today and into the future. These funds protect watersheds and secure drinking water for communities. Water users pay into the funds in exchange for fresh, clean water. The funds, in turn, pay for forest conservation along rivers, streams and lakes - including reforestation project and compensating farmers and ranchers who protect and restore riverside forests on their land through water producer initiatives.

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Overview
Summary

Commitment

Public-Private Fund Mechanisms for Watershed Protection

Launched

2010

Est. Duration

5 Years

Estimated Total Value

$20,000,000

Region

Latin America & Caribbean

Countries

BRAZIL, COLOMBIA, DOMINICAN REPUBLIC, MEXICO, PERU

Commitment by

The Nature Conservancy

Partner(s) of the Commitment Maker(s)

Gef-Earth Fund