Deadline: 15-Feb-24
The Inter-American Development Bank (IDB), through its innovation laboratory, IDB Lab, and in partnership with Green Climate Fund (GCF) seeks to support overcome technical, financial and knowledge barriers faced by innovative bio-businesses in the Amazon Basin capable of supporting the reduction of greenhouse gas (“GHG”) emissions and increase the resilience of targeted value chains and ecosystems in the Amazon region.
“Amazonia Forever” is the IDBs multidimensional, holistic, umbrella program that aims to promote innovation in financial instruments; exchange and increase strategic knowledge for decision-making; and encourage coordination and collaboration to promote the sustainable, inclusive, and resilient development of the Amazon region.
The program includes a platform to map all existing resources from Amazon countries and donors to facilitate financing and help guide policy and investment decisions. Amazonia Forever” addresses six priority areas: local population; sustainable agriculture and forestry; bioeconomy; infrastructure; sustainable cities; and connectivity and focuses on: promoting the inclusion of women, indigenous peoples, Afro-descendants, and local communities; climate and forest conservation; and strengthening institutional capacities and the rule of law.
Funding Information
- IDB Lab non-reimbursable technical assistance in the order of US$250.000. to a maximum of US$500,000 and participation in IDB regional networking events.
What are they looking for?
- The proposed solutions must:
- Focus on the development and adequate implementation of adaptation and mitigation activities to reduce the negative impacts of climate change.
- Be able to protect natural capital in any of the seven sectors:
- Perennial agriculture
- Agroforestry
- Aquaculture
- Forestry plantations
- Non-timber natural forest products,
- Nature-based tourism
- Other ecosystem services
- Promote the social and economic inclusion of poor, low-income, and vulnerable populations; local indigenous and afro-descendant populations or peasant communities, and emerging economic units, including SMEs with innovative business models geographically located in the Amazon basin in any of the target countries (Brazil, Colombia, Ecuador, Guyana, Peru, and Suriname).
- Contemplate a path for scalability or replication, as well as financial sustainability.
Geographical Scope
- Six target countries: Brazil, Colombia, Ecuador, Guyana, Peru, and Suriname.
Eligibility Criteria
- Please refer to the following information for partners who can submit proposals:
- Proposals should be submitted by early-stage bio-business, entrepreneurs, and other innovation ecosystem actors. Applicants can be startups with “ready-to-implement” solutions (an innovation that can demonstrate successful deployment of a prototype/Minimum Viable Product-MVP), small and medium-sized enterprises (SMEs), and NGOs, and others with expertise in the topic of this challenge that support entrepreneurship and/or innovation.
- If your organization is legally registered in one of the six target countries where the project will be implemented, you can apply to the Challenge.
- If your organization is legally registered in one of the 48 members countries of the IDB Group, other than one of the six target countries where the project will be implemented, you may apply only in partnership with an organization registered and located in one of the six target countries where the project will be implemented.
For more information, visit Inter-American Development Bank.