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Ecuador Fund for Water Protection – FONAG

The Fund for the Protection of Water (Fondo para la protección del Agua – FONAG) is promoting sustainable practices in water cycle management in Ecuador. The fund has helped maintain a sustainable water cycle in Quito by setting up collaborative grants targeting upstream landowners. These landowners are taught and assisted in water conservation and protection of biodiversity. The Fund further contributes by informing all stakeholders about the importance of water protection and raising consumer awareness.

Guyana Low Carbon Development Strategy

As part of its Low Carbon Development Strategy, Guyana entered a partnership with Norway, who are providing finance in exchange for Guyana protecting her indigenous rainforest. By providing support to networks and partnerships, Norway is helping to preserve areas of rainforest which are important carbon sinks and provide a range of beneficial ecosystem services, while aiding the protection of biodiversity. This method is providing incentives for Guyana to preserve their natural rainforests, setting up sustainability criteria which could be replicated by other countries.

Cabeolica Wind Farm in Cape Verde

The Government of Cape Verde brought large scale renewable energy to the archipelago by setting up a public-private partnership (PPP) to develop, build, finance and operate four wind farms. Debt funding was secured from the European Investment Bank and the African Development Bank. The partnership succeeded by setting up synergies and creating an effective model to bring the project from conception to realisation.