Outcomes Fund for the Regenerative Economy of Colombia as an Amazonian Country
The Amazon is the lung of the world and holds immense natural and cultural importance.
A region rich in biodiversity
Contains 10% of the world’s biodiversity1 and represents 2/3 of the planet’s tropical forests (1)
Mitigates climate change
Absorbs 10% of the global carbon1 and reduces greenhouse gas emissions to help regulate global temperature (3)
Preserves a great cultural reserve
Home to more than 350 indigenous groups1 that speak over 300 native languages (2)
Contributes resources to local communities
Provides food, clothing, traditional medicines, and sustenance to over 40 million people (4)
Sources: [1] WWF. Bioma Amazónico. [2] Banco Mundial. Las lenguas indígenas de la Amazonia tienen claves para la conservación de la región, 2019 [3] Parlamento Europeo. Cambio climático: gases de efecto invernadero que causan el calentamiento global, 2023 [4] The Nature Conservancy. Proteger la cuenca del Amazonas para la naturaleza y las personas. 2022.
The subsistence of the Amazon is in danger
2.4 million hectares of jungle disappear every year(2)
Every minute, three soccer fields’ worth of territory is lost, increasing the temperature (2) and causing 143 new cases of malaria per day(3)
More than 10,000 species of flora & fauna are at high risk of extinction in the Amazon(4)
136,000 km of roads have been built, of which 16,900 cross indigenous territories, and 9,100 fragment protected areas(6)
40% of native languages are in danger of disappearing(5)
Sources: [1] Lovejoy and Nobre, Amazon Tipping Point. 2018; [2] RAISG. 2022. Amazonia Againts the Clock; [3] PNAS. 2019. Amazon deforestation drives malaria transmission, and malaria burden reduces forest clearing; [4] Science Panel for the Amazon (SPA) The Amazon We Want 2021; [5] CAAP. 2016. Lenguas originarias amazónicas en peligro de extinción, [6] WWW, Informe Amazonía Viva, 2022
67% of the biome has been affected by human activity2
WHY COLOMBIA?
Most biodiverse country per km2
Hosts 10% of recognized species1
It’sthe country with the highest number of bird species (1) and the second highest in terms of plants, amphibian, and freshwater fish species (1).
Has a significant ethnic and cultural diversity
• Thereare 102 indigenous communities distributed across 27 departments(2)
• 14% of the population belongs to an ethnic group(3)
• 69 native languages are spoken(3)
There is a political will to promote conservation
• Since 2019, Herencia Colombia has mobilized resources to finance conservation(2)
• Colombia will host COP 16 for biodiversity in 2024
• There is a broad political and social commitment to the conservation of the Amazon and creation of peace territories
Sources: [1] Instituto de Investigación de Recursos Biológicos Alexander von Humboldt. 2017 There is a political will to promote conservation • Since 2019, Herencia Colombia has mobilized resources to finance conservation2 • Colombia will host COP 16 for biodiversity in 2024 • There is a broad political and social commitment to the conservation of the Amazon and creation of peace territories4 . Biodiversidad colombiana; WWF. 2023 "Herencia Colombia is a commitment to strengthen the National System of Protected Areas in Colombia, support preservation for the benefit of future generations, and, in turn, contribute to the well-being of local communities.“ Sandra Valenzuela, Executive Director WWF Colombia . Cumbre Amazónica; [2] Organización Nacional Indígena de Colombia; [3] DANAE 2018; [4] Naciones Unidas Colombia, Las lenguas indígenas: cultura, identidad e historia . [5] RECON. 2020. Compromiso con la paz.
Jaguara is a results-based financing mechanism that seeks to enhance Amazon conservation. It will begin with five privately–driven Impact Bonds (IB). The goal of these IBs is to implement and scale projects that leverage technology to promote conservation and enhance the development and well-being of Amazonian communities.
SYSTEMATIC AND HOLISTIC SOLUTIONS
Socioeconomic
Cultural
Enviromental
Jaguara aims to contribute to climate change mitigation through comprehensive solutions that have a positive impact on the Amazon and its communities. Recognizing the multidimensional nature of biodiversity challenges in the Amazon, the initiative understands that there is no single solution. Instead, it adopts an integrated approach that considers not only the conservation of the Amazon rainforest's biodiversity but also the various socioeconomic, cultural, and environmental factors at play.
PROBLEMS
1.Deforestation, climate change, and wildfires threaten the Amazon's "flying rivers"
2.Decrease in biodiversity of native trees in Amazonia
3.Natural and cultural heritage at risk from factors associated with tourism related sectors
4.Destruction of the jaguar’s natural habitat poses a threat to the species
5.Loss of indigenous ancestral knowledge, particularly regarding Amazon conservation
SOLUTIONS
1.IB for Amazon Flying Rivers
2.IB to conserve and restore the biodiversity of native forest species in the Amazon
3.IB for Sustainable tourism based on a comprehensive vision of the natural and cultural aspects
4.IB for jaguar conservation
5.IB to conserve ancestral knowledge through education
