Original disclosure @ IADB website
Updated in EWS May 6, 2022
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The Objective of the TC is to structure a new model of innovative financing to deliver emissions reductions and avoided deforestation objectives of the Amazonia Agora State Plan by developing a Payment for Environmental Services (PES) program to be delivered through a payment for results (P4R) transaction mechanism under the Sustainable Territories Platform.
The project will accelerate the development of the methodological framework for implementation of the PES program under the Amazonia Agora Plan. The PES mechanism will include ecossystem, climatic, and regulatiory services, to be delivered through a payment for results (P4R) transactional mechanism, in addition to other targets established in state public policy.
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