Photo: RedLAC
How can working with the private sector contribute to the conservation of protected natural areas? Is it possible for carbon markets to boost biodiversity conservation in Latin America? These and other questions were addressed at the Congress organized by the Latin American and Caribbean Environmental Funds Network – RedLAC 2024, where Profonanpe presented innovative financial solutions that directly link ecosystem conservation with economic sustainability.
He RedLAC Congress 2024, held in Saint Lucia, The event brought together leaders from 28 environmental funds in 19 countries to discuss mechanisms that promote biodiversity conservation and climate action in Latin America and the Caribbean. This meeting established itself as a key platform for exchanging experiences and developing joint solutions.
Profonanpe, The environmental fund in Peru, highlighted when presenting the Green Savings Account – Mega Green Savings, a financial mechanism developed in conjunction with Caja Ica. This program allows savers to achieve their personal financial goals while directly contributing to the conservation of protected natural areas. It's a clear example of how green finance can be a key tool for sustainable development.
Furthermore, during the second day of the congress, Profonanpe presented his work in carbon markets and announced the upcoming creation of Carbon Observatory, which will allow for monitoring and managing emissions, providing a more structured approach to biodiversity conservation.
Photo: RedLAC
The importance of communication and regional collaboration
Yuliana Castro, Profonanpe's Communications Manager highlighted the role of strategic communication in mobilizing resources and building alliances with the private sector:
«"Effective communication is essential to attracting the private sector and creating partnerships that drive conservation. Through joint initiatives, we can ensure that funds reach where they are most needed."»
For their part, Anton Willems, Profonanpe's Executive Director 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 30x30: A shared goal for the region
One of the central themes of the event was the goal 30x30, which seeks to protect the 30% of terrestrial and marine areas by 2030. During the congress, the role of the environmental funds and the green and blue financial mechanisms in supporting networks of protected areas, as well as the opportunities offered by environmental bonds and public-private partnerships to achieve this ambitious goal.
The participation of Profonanpe At this event, it 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.
