
Seeding Success: Sustainable Financing for Climate-Resilient and Biodiversity-Positive Startups in Rural Communities
Successful implementation and scaling up of Ecosystem-based Adaptation (EbA) measures requires short-, medium- and long-term financing. Rural enterprises in agriculture, livestock, and community-based rural tourism are highly vulnerable to climate change and face particular challenges in investing in sustainable solutions. While EbA is an efficient strategy, its benefits often materialize over the long term, which delays the return on investment for land users.
Therefore, it is essential to secure stable sources of financing that allow land users to make investments, especially for entrepreneurs in rural areas. Non-reimbursable financing allows them to implement business plans that foster business resilience in the context of climate change. In Costa Rica, the EbA LAC program in partnership with the Development Banking System (SBD) and CATIE established a non-reimbursable financing program that promotes the creation, development and growth of resilient enterprises in rural areas called Adapt-ACTIVA