THE GREEN COALITION OF DEVELOPMENT BANKS IN THE AMAZON
The Green Coalition is an alliance of 20 development banks in the Amazon region working to mobilize resources that foster sustainable, resilient, and inclusive development of one of the world’s most vital and increasingly threatened biomes, the Amazonia.
Launched at the Amazon Summit in Belém do Pará in August 2023, the Green Coalition strengthens collaboration and the collective impact of its members to scale investments that promote sustainable activities across sectors and accelerate the region’s transition to more inclusive, low-carbon, and nature-positive economies.
By aligning financial action with environmental stewardship, the Coalition aims to secure the well-being of the Amazonia’s people and ecosystems while contributing to global and national climate and biodiversity goals.
The Green Coalition channels finance where it matters most, from energy, sustainable infrastructure, and logistics, to communities and enterprises building a thriving Amazonia region.
OUR MEMBERS
THE GREEN COALITION OF DEVELOPMENT BANKS IN THE AMAZON
FOSTERING SUSTAINABLE GROWTH IN THE AMAZONIA
The Green Coalition brings together 17 public development banks from 6 countries in the Amazonia – Bolivia, Brazil, Colombia, Ecuador, Peru and Suriname, along with 3 multilateral development banks as international partners, to align and channel sustainable finance tailored to the unique realities of the Amazonia.
Our members aim to enable conditions in the region to support initiatives that generate social, environmental, and economic value, promoting inclusive growth while preserving and restoring the Amazonia’s natural resources.
By enabling conditions to support sustainable economic activities with the protection of ecosystems and communities, the Coalition helps build a more resilient and equitable Amazonia for generations to come.
HOW WE WORK
The Green Coalition operates through four interconnected lines of action designed to channel capital where it matters most, to communities, ecosystems, and enterprises building a sustainable Amazonia.
MAPPING OPPORTUNITIES AND IDENTIFYING NEEDS IN THE AMAZONIA
To channel resources effectively, we first understand the landscape: Where are sustainable finance flows currently directed? What sectors and communities need increased access to this capital? What successful models can be scaled across the region? What we're doing: Analyzing Coalition members' portfolios, mapping sustainable finance flows (USD 7.6 billion identified in 2023), identifying financing bottlenecks, conducting studies on investment opportunities, and building partnerships to amplify what's already succeeding across the region.
DEVELOPING A COMMON INVESTMENT LANGUAGE FOR THE AMAZONIA
Coordinating action across six countries and 17 public development banks with diverse mandates requires shared definitions and standards. The Green Coalition sets out to resolve this by creating a shared understanding of sustainable finance and consistent criteria for tracking environmental and social impact in the Amazonia, with the aim of communicating credible results to investors. What we're doing: Mapping the sustainable finance frameworks utilized by Coalition banks, defining impact measurement approaches, facilitating workshops to align standards while respecting regional diversity, and building shared investment guidelines that clarify criteria for sustainable finance from Coalition banks to the Amazonia.
DESIGNING FINANCIAL PRODUCTS TAILORED TO THE AMAZONIA
Development banks across the Amazonia have pioneered financial products adapted to regional realities, from credit lines for bioeconomy enterprises to capital markets solutions that enable access to competitive funding. The Green Coalition showcases these innovations and identifies opportunities for adaptation and scale. What we're doing: Documenting successful financial instruments from Coalition banks through case studies, establishing the Green Coalition Lab to test and refine products, facilitating peer learning among Coalition banks, and developing technical assistance tools.
MOBILIZING RESOURCES FOR THE AMAZONIA AT SCALE
Green Coalition public development banks invest approximately USD 7.6 billion annually in sustainable activities in the Amazonia. Reaching the region's financing needs by 2030 requires connecting Coalition banks, which have deep local presence, community relationships, and on the-ground capacity, with international capital sources. What we're doing: The Green Coalition serves as a resource mobilization platform, working to unlock USD 10-20 billion by 2030 through diverse Amazonia-focused financial instruments and mechanisms, as well as partnerships with international investors seeking credible, impactful investment opportunities in the Amazonia.
EXPLORE OUR KNOWLEDGE HUB
The Green Coalition generates and shares knowledge to strengthen sustainable financing in the Amazon. Access executive summaries of our reports, case studies, guidelines, and perspectives from Coalition members through our Knowledge Center.
FLAGSHIP INTERVERTIONS
The Amazon, The Lungs of the World
In partnership with Patrimonio Natural, Banco Agrario de Colombia developed an agreement to incentivize green growth to conserve the Amazon and mitigate the effects of climate change (the “Agreement”). The Agreement seeks to protect forests by compensating the effort to reduce carbon emissions caused by deforestation.
Promoting the Sustainable Development and Welfare of the Colombian Amazon
Between 2020 and October 2023, Bancoldéx has allocated loans totaling USD 43 million for the benefit of more than 15 thousand companies located in seven key departments: Amazonas, Caquetá, Guainía, Guaviare, Putumayo, Vaupés and Vichada.
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Amazônia Florescer Microcredit Program
Learn about the largest microfinance and financial inclusion program in the Amazon, which has benefited more than 550,000 rural and urban micro-entrepreneurs in the Brazilian Amazon.
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Sustainable Finance Program and Amazon Impact Plan
The objective of BDP’s Sustainable Finance Program contributes to promote the country’s resilience to Climate Change and contribute to the achievement of the Nationally Determined Contributions (NDC) until 2030, in its four pillars: Energy, Water, Forestry and Agriculture.
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Strengthening Saniation Service Projects in Amapá state
The initiative refers to the structuring of the project for the full concession of water and sewage services for urban areas in all 16 municipalities in Amapá, with the aim of improving the supply of services to the population of around 750,000 people.
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Amazon without Fire Initiative
This initiative focuses on working against the heat source in fire risk areas with a contribution to the forest conservation and sustainable development in the rural areas. The aim is to work towards the disappearance of heat sources in fire risk areas, to contribute to the conservation of forests and sustainable development in rural areas.
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Integrated and Sustainable Territorial Development (DIST) in the Amazon Region
CAIXA is implementing the Integrated and Sustainable Territorial Development (DIST) strategy in different territories, focusing on four areas of action: Territorial Governance; Economic Dynamization; Environmental Management; and Socio-Cultural Promotion.
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Productive Finaning for MSMES
Through this project, CFN B.P. has allocated USD$ 1.87 million to the Amazonian provinces through 26 operations, of which 66% were managed for MSMEs led by women and 16% have a climate change mitigation and/or adaptation component.
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Inclusive Rural Enterprise Development Program (PRIDER)
PRIDER promotes the sustainable growth of communities through two fundamental components: the formation of Credit and Savings Unions, which promote financial education, generating a savings and credit culture based on the principle of trust; and the development of productive capacities to increase productivity and market integration.
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Instrument for Sustainable Productive Transformation
In 2019, FINAGRO developed the Instrument for Sustainable Productive Transformation (ITPS), which sought the gradual transformation of pastures with low livestock productivity in areas of high ecosystem value into sustainable livestock and forestry landscapes with efficient production systems.
Amazonia Forever
A holistic umbrella program for the sustainable development of the region, which aims to work together on forest and climate conservation and to improve people’s quality of lives, offering economic alternatives.
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Supporting Ecotourism in the Interior of Suriname (Amazon region)
NOB supports sustainable development in the form of improving the living conditions of the communities in the Amazon region. Due to this aspiration the bank supported ecotourism projects in the interior of Suriname, which are initiatives of the local communities. We financed new ecotourism projects and existing projects which for example needed intervention because of climate change.
Amazon Sustainable Landscapes Program
The Amazon Sustainable Landscapes (ASL) Program is a regional effort, leading by the World Bank, to improve integrated landscape management and conservation of ecosystems in targeted areas in the Amazon region. The ASL integrates both national projects with interventions in participant Amazon countries and a regional coordination project.
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Strengthening Capacities to Finance Sustainable Development in the Amazon
ALIDE is committed to improving the individual and collective action of national development banks in climate finance in the region, and expanding their participation in the development and preservation of the Amazon through the promotion and financing of socially, environmentally and economically sustainable investments.
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