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Project Ecuador seeks to improve ecosystem function and enhance ecosystem resilience through better conservation, management and restoration, whilst empowering communities by providing them with access to opportunities and resources needed to contribute to and benefit from the improved health of the marine ecosystem. In the long-term, these changes will contribute to climate resilience and community well-being, which are instrumental in achieving the Project's overall vision of a nature based solution to deliver climate-resilience.
OFC works with strong implementation partners such as local non-governmental organisations (NGOs) to deliver this vision.
Project Ecuador is supported through Climate Investor Two (CI2), an innovative blended finance facility managed by Climate Fund Managers (CFM), OFC's main shareholder.
Through a direct investment from CFM, OFC has unlocked approximately US$ 81 million in Conservation Funding to support programs that deliver a climate impact in the Projects’ Area of Influence which comprises the iconic Galápagos Islands and two provinces on mainland Ecuador, Manabi and Santa Elena.
All programs supported under Project Ecuador are gender-responsive, socially inclusive, and meet international environmental and social (E&S) impact and risk management standards. Through Project Ecuador, OFC aims to accelerate programs that deliver measurable environmental and social benefits by improving ecosystem services and enhancing natural capital.
Climate Fund Managers (CFM) is a for-profit investment manager proudly contributing towards mitigating and building resilience to climate change in the areas most affected by its consequences. They use blended finance structuring to attract public and private capital to invest in high-impact sectors in emerging economies. Working with the belief that sustainable investing and profitability are not mutually exclusive.