Development of the Natural Capital Lab

The initiative develops the Natural Capital Lab as the IDB Group’s platform to drive innovation in the sustainable use and conservation of terrestrial and marine natural capital in Latin America and the Caribbean. Through applied research, technological tools (including WebGIS), and dissemination, it will support knowledge generation, idea incubation, and testing of financial and business models to value and protect natural capital. It will strengthen multi‑stakeholder dialogues and partnerships and align work across IDBG departments and external partners to strategically position natural capital. The beneficiaries are the IDB borrowing member countries and execution is led by the IDB through the Climate Change and Sustainable Development Sector (CSD/CSD). Funding comes from the Ordinary Capital Strategic Development Program for Sustainability (SUS), with a 24‑month execution period.