In 2022, CSF completed a national analysis on the economic impacts of Bolivia’s updated nationally determined contributions (NDCs): national plans, policies, and measures that address climate change under the Paris Climate Agreement. Our results proved to be an essential tool for the national government, and we are continuing this collaboration with ongoing support from the Swedish International Development Cooperation Agency (Sida).
This next phase of collaboration has three main components:
- A national deforestation and mitigation strategy, based on Bolivia’s NDCs, working closely with the Autoridad Plurinacional de la Madre Tierra (APMT, Plurinational Authority of Mother Earth), the national authority on climate change issues. We will also develop a roadmap for the implementation of this strategy.
- Financial mechanisms to support the financial sustainability of the Servicio Nacional de Áreas Protegidas (SERNAP, National Service of Protected Areas). We will work alongside SERNAP on an analysis of two financial mechanisms, with the goal of designing one that’s viable and appropriate for SERNAP to implement.
- An economic impact analysis of implementing Santa Cruz’s regional Climate Change Strategy, in which we will replicate the analysis we conducted at the national level with the NDCs, this time focusing on the region with the highest deforestation rates in the country. Results from this analysis will help determine the most cost-effective measures, their implementation costs, and the impact they will have on the economy.
At the end of this project, we will have contributed to Bolivia’s fight against climate change by providing a roadmap to significantly reduce deforestation; a financial mechanism to ensure more resources for the National Protected Areas System; and invaluable information to guide Santa Cruz’s regional government towards implementing their climate strategy effectively and efficiently.
This project is funded by the Swedish International Development Cooperation Agency (Sida).
Photo: Chochís, Chiquitania Region
Photo Credit: Fernando Podolsky