Description
The general objective of the operation is to promote resilience to climate change by supporting Guatemala's commitments under its Nationally Determined Contribution. The specific objectives are: (i) Provide technical assistance to the Government of Guatemala and local organizations to access climate finance to enable the implementation of sustainable agricultural activities (emissions reduction monitoring and reporting activities); (ii) Finance initiatives of local private sector organizations that enable small farmers to access credit and inclusive financial services to improve productivity and access fair and competitive markets; and (iii) Align the IDB's operational agenda in Guatemala with the Nationally Determined Contribution (NDC), to facilitate the application of climate considerations in agroforestry sector operations.