In Bolivia, droughts and floods jeopardize the fight against poverty. Climate change increases water scarcity in some of river basins, which affects its water availability for drinking, agriculture, hydropower, mining, industries, and ecosystems.
Source: World Bank
Improved water resources management is the focus of Bolivia’s strategic program for climate resilience under the PPCR. It is targeting $91 million in PPCR grant and concessional financing on complementary projects to strengthen Bolivia’s capacity to define and implement an integrated river basin management approach as part of the country’s National Mechanism for Adaptation to Climate Change and to pilot activities in priority river basins.
The PPCR is helping to improve the water and sanitation systems for 800,000 people in metropolitan La Paz and El Alto, as well as enhancing climate resilience of production systems, ecosystems, and prioritized settlements in Mizque and Pirai, two Rio Grande sub-basins.
The availability of water resources is negatively affected by accelerated glacier melt, changing precipitation patterns, and increased evapotranspiration
|NAME||FUND||FUNDING (USD MILLION)||COFINANCING (USD MILLION)||MDB|
|Climate Resilience - Integrated Basin Management Project||FUNDPilot Program for Climate Resilience||COFINANCING (USD MILLION) 45.5||FUNDING (USD MILLION) 26||MDBIBRD|
|Financial Products to Promote Climate Change Resilience in Bolivia||FUNDPilot Program for Climate Resilience||COFINANCING (USD MILLION) 4||FUNDING (USD MILLION) 3||MDBIDB|
|Financial Risk Management for Climate Resilience in the Agriculture Sector||FUNDPilot Program for Climate Resilience||COFINANCING (USD MILLION) 10||FUNDING (USD MILLION)||MDBIDB|
|Multipurpose Drinking water and irrigation program for the municipalities of Batallas, Pucarani and El Alto||FUNDPilot Program for Climate Resilience||COFINANCING (USD MILLION) 42.5||FUNDING (USD MILLION) 91||MDBIDB|
The CIF programmatic approach to investment planning and implementation brings strategic value to CIF recipient countries. Working through a transparent, country-led process, the CIF fosters trust and collaboration among government ministries, civil society, indigenous peoples, private sector, and the MDBs that implement CIF funding. Together, they translate Nationally Determined Contributions and other national development and climate strategies into an actionable CIF investment plan. Rather than one-off projects, the plan comprises long-term, sequenced investments that mutually reinforce each other and link to other critical activities, such as policy and regulatory reform and capacity building. Under national government leadership, CIF stakeholders continue to work together to implement the plan, continually assessing progress and sharing lessons learned along the way.