Blog IICA

Agroforestry and Avoided Deforestation along Guatemala’s Caribbean Coast

Start Date: 2018
End Date: N/A

Description

On Guatemala's Caribbean coast, Mirova's Althelia Climate Fund is driving a €10.2 million investment to conserve up to 110,000 hectares of highly biodiverse and strategic natural forests that serve as a migratory corridor. The project will prevent more than 8 million tons of CO₂ emissions, restore 1,000 hectares of degraded land in buffer zones, and promote agroforestry systems that integrate cardamom, xate palm, pepper, rambutan, lychee, cinnamon, and timber, improving the income and resilience of smallholder farmers. In partnership with FUNDAECO and local communities, the initiative will also strengthen the management of protected areas, create new reserves, boost ecotourism, and foster a sustainable development model that protects forests from threats such as slash-and-burn agriculture and extensive cattle ranching.

Action scope

Subnational

Evaluated

No

Stage

Implementation- Ongoing

Temporalidad

Long-term

Number of Years

N/A

Related elements

Budget in USD

Budget in USD
$49,000,000.00
Counterpart Budget
$0.00
Total Budget
$49,000,000.00
Annual Average Budget
$0.00
Financing Sources Financing Types
Private sector Investment funds

Institutions

Institutions Institutions rols
Instituto Nacional de Bosques. INAB - GUATEMALA - Execution and operation

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