Information on 2021 application cycles - Updated June 25, 2021
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Fundación para la Promoción del Desarrollo Sustentable Futuro Latinoamericano | Ecuador

Safeguarding Access to Clean and Secure Water through Sustainable Water Funds in the Andean Region

AWARD YEAR
2021
FUNDING AREA
Sustainable Resource Management
PROJECT LOCATION
Colombia | Peru | Ecuador
AMOUNT AWARDED
$400,000
PROJECT DURATION
36 months

Objective:

Develop and validate a Water Fund Sustainability Index to strengthen the long-term viability of the water fund model 
The water fund concept was first introduced in Brazil in 2004 to finance the conservation and protection of watersheds in the Atlantic ForestToday there are 26 funds in eight countries throughout Latin America and another 14 in various stages of development. While there are clear processes and support tools for funds in the development phase, there is no mechanism to assess the sustainability of a water fund once it has launched. Fundación Internacional para la Promoción del Desarrollo Sustentable Futuro Latinoamericano (Fundación Futuro) has developed a preliminary assessment tool to measure a fund’s “sustainability profile.” With support from Tinker, Fundación Futuro will validate the model with eight operating funds of different sizes and from different countries and develop actionable plans to improve their operations and long-term viability. The validated tool will be used to strengthen existing funds and to establish standards for all future water funds. 
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