Yuma

Monseñor Nouel

María Trinidad Sánchez

Monte Plata

Monte Cristi

Distrito Nacional (Santo Domingo)

Hato Mayor

Pedernales

Azua

San José de Ocoa

Peravia

Baoruco

Santo Domingo

Puerto Plata

Barahona

Cibao Nordeste

Hermanas Mirabal

Dajabón

Cibao Noroeste

Samaná

Duarte

Cibao Norte

San Cristóbal

Elías Piña

Cibao Sur

San Juan

El Seibo

El Valle

San Pedro de Macorís

Espaillat

Enriquillo

Sánchez Ramírez

Independencia

Higuamo

Santiago

La Altagracia

Ozama

Santiago Rodríguez

La Romana

Valdesia

Valverde

La Vega

Dominican Republic

Local CSOs and CBOs in landscapes-seascapes around the world access grant financing and technical assistance, including capacity development and knowledge sharing to maintain and enhance their socio-ecological resilience, well-being and socio-economic conditions for global environmental benefits.

Throughout Latin America, the transport sector is the largest and fastest-growing source of greenhouse gas emissions, driven by a car-centric urban development and a lack of electric and public transit alternatives. While there are a few electric vehicle (EV) pilot projects in the region, achieving long-term transformation and large-scale market adoption remains difficult. This is due to the higher capital requirements for EVs, risk perceptions by the private sector regarding public EV business models, and policies that are not conducive to wide EV adoption. The region has significant potential for clean transportation and electric mobility because it generates relatively clean electricity.

To overcome the barriers and take advantage of the opportunities, the project aims to reduce the investment risks for both the public and private sector in the e-mobility industry. It will provide technical support to develop and test business models and develop the enabling environment to expedite the widespread viability of electric mobility in urban public transport – including large-scale investments in infrastructure and EVs. 

The programme will improve access to affordable, attractive, and low carbon urban transport, especially for the most vulnerable populations that often depend on public transport to access basic services and socio-economic opportunities.

Small Island Developing States (SIDS) in the Caribbean are highly vulnerable to climate change, which affects crucial economic sectors such as tourism, agriculture, and fishing. Rising sea levels and changing weather patterns threaten natural habitats and increase the severity of natural disasters. Despite minimal contributions to global emissions, SIDS in the Caribbean face significant economic risks, with projected annual losses of USD 22 billion by 2050, making emissions reduction essential.

The Caribbean Net-Zero and Resilient Private Sector programme supports climate resilient investments in the Bahamas, Barbados, Belize, the Dominican Republic, Guyana, Jamaica, Suriname, and Trinidad and Tobago. Focusing on agriculture, sustainable infrastructure, renewable energy, transport, and the blue economy, the programme aims to overcome investment barriers by providing advisory services and blended finance solutions. It also emphasises gender mainstreaming to close gender and diversity gaps in the region.  

Moreover, the programme aims to scale up private climate finance through local actors by combining advisory services with concessional financing from GCF, which will enhance the region's climate resilience and sustainable development. By mobilising 3.4 times the funding from IDB Invest and other co-financiers, it will help reduce the existing climate finance gap for SIDS in the Caribbean region.

To achieve land degradation neutrality (LDN), enhance climate resilience and reduce vulnerability to climate change through effective adaptation strategies and sustainable development in alignment with the National Adaptation Plan (NAP) and the national LDN Targets

Geography

Dominican Republic

Recent documents

Adaptation Fund

Climate Investment Funds

Green Climate Fund

Global Environment Facility