Photo: RedLAC
How can working with the private sector contribute to the conservation of natural protected areas? Is it possible for carbon markets to drive biodiversity conservation in Latin America? These and other questions were addressed at the Congress organized by the Latin American and Caribbean Network of Environmental Funds – RedLAC 2024, where Profonanpe presented innovative financial solutions that directly link ecosystem conservation with economic sustainability.
The RedLAC 2024 Congress, held in Saint Lucia, brought together leaders of 28 environmental funds from 19 countries to discuss mechanisms to promote biodiversity conservation and climate action in Latin America and the Caribbean. This meeting was consolidated as a key platform for the exchange of experiences and the development of joint solutions.
Profonanpe, the environmental fund in Peru, highlighted the presentation of the Green Saving Account – Mega Ahorro Verde, a financial mechanism developed together with Caja Ica. This program allows savers to achieve their personal financial goals while contributing directly to the conservation of protected natural areas. A clear example of how green finance can be a key tool for sustainable development.
In addition, during the second day of the congress, Profonanpe presented its work on carbon markets and announced the upcoming creation of the Carbon Observatory, which will allow monitoring and management of emissions, providing a more structured approach to biodiversity conservation.
Photo: RedLAC
The importance of regional communication and collaboration
Yuliana Castro, Profonanpe’s Communications Manager, highlighted the role of strategic communication in mobilizing resources and building partnerships with the private sector:
“Effective communication is critical to engaging the private sector and creating partnerships that drive conservation. Through joint initiatives, we can ensure that funds reach where they are needed most.”
Anton Willems, Executive Director of Profonanpe, reflected on the importance of these regional meetings:
“The RedLAC 2024 Congress has been a key opportunity to share experiences and strengthen regional collaboration. Our mission is to continue developing financial mechanisms that not only benefit conservation, but also improve the quality of life of local communities.”
Photo: RedLAC
Towards 30×30: A shared goal for the región
One of the central themes of the event was the 30×30 goal, which seeks to protect 30% of terrestrial and marine areas by 2030. During the congress, the role of environmental funds and green and blue financial mechanisms in supporting protected area networks was discussed, as well as the opportunities offered by environmental bonds and public-private partnerships to achieve this ambitious goal.
Profonanpe’s participation in this event reaffirms its leadership in the region and its commitment to financial innovation for conservation, ensuring that economic development and biodiversity protection go hand in hand in a joint effort for a sustainable future.
