Latin America and the Caribbean face one of the planet's greatest climate challenges, but they also concentrate some of the most innovative solutions for decarbonization and biodiversity protection. In this context, The Green Catalytic Fund led by Latimpacto and its partners, is beginning to establish itself as one of the most relevant initiatives to accelerate climate solutions through entrepreneurship and innovation in the region.
Less than a year after launching its first call for proposals in September 2024, the Fund is already showing concrete progress: 9 Entrepreneurship Support Organizations (ESOs) have been selected for funding and strengthening, with presence in multiple countries across Latin America and the Caribbean. Through these organizations, the Fund expects to strengthen more than 350 climate business models, focused on decarbonization, efficient resource use, and nature-based solutions.
One of the distinguishing elements of the Green Catalytic Fund is its systemic approach. It doesn't limit itself to injecting financial resources but rather commits to professionalizing technical capacities, support models, impact measurement, and the scalability of supported ventures. Of the total business models strengthened, at least 40% are projected to be led or co-led by women, reaffirming the Fund's commitment to equity and inclusion.
Additionally, the Fund allocates a strategic portion of its resources to the institutional strengthening of ESOs, recognizing that a solid ecosystem is key to achieving sustainable climate impacts over time. Approximately 10% of supported ventures are expected to access additional financing to accelerate their growth and expand their environmental impact.
In aggregate, the Green Catalytic Fund's portfolio has the potential to contribute to the reduction of nearly 600,000 tons of CO₂ equivalent and the improvement of 250,000 hectares of land in Latin America and the Caribbean, positioning itself as one of the most relevant catalytic capital platforms for climate action and decarbonization in the region.
"The Green Catalytic Fund was created to close a critical gap: the lack of catalytic capital and specialized support for high-potential climate solutions in the region. Our goal is clear: to mobilize resources, reduce greenhouse gas emissions, and strengthen an ecosystem that enables these solutions to scale." — Janeth Londoño, Coordinator of the Green Catalytic Fund.
With a regional presence and a strategic focus on key territories, including the Amazon Basin, the Green Catalytic Fund continues to add allies and donors committed to accelerating the transition toward a low-carbon economy in Latin America and the Caribbean.
In the coming months, the Fund will continue advancing in the implementation of its programs, support for selected ESOs, and mobilization of new resources, establishing itself as a key platform for those seeking to generate real, measurable, and scalable climate impact.
About the Catalytic Green Fund:
The Green Catalytic Fund is an initiative of Latimpacto and IDB Lab, in partnership with the Green Climate Fund, the Inter-American Development Bank (IDB), Bayer Foundation, and Coca-Cola Latin America, to accelerate the transition toward sustainable economies in Latin America and the Caribbean, fostering the creation of net-zero value chains and innovative solutions that reduce greenhouse gas emissions.
For more information about the Green Catalytic Fund: janeth@latimpacto.org
Learn more about Latimpacto at: www.latimpacto.org
Find out more about the Catalytic Green Fund at: https://latimpacto.org/en/fondo-verde-catalitico/
