Latin American Water Funds Partnership

The partnership is a mechanism that allows to provide technical and financial assistance for the creation and strengthening of Water Funds. It provides support to local stakeholders to implement them, contributing to establish the management structure for each fund.

It also provides advice and technical expertise that can strengthen the operation of the funds, and also facilitate the exchange of experiences and best practices among Water Funds and other stakeholders.

Water Funds

Water Funds is an innovative model of long-term conservation that operates through investments that are focused on a single fund. The resources generated are assigned to preserve the essential lands above watersheds through conservation actions.

Clic here for find information about Water Funds.

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Agua Tica Water Fund - Costa Rica
Costa Rica

DESCRIPTION

Agua Tica is the first water fund in Costa Rica and its objective is to contribute to the achievement of water security of the Gran Área Metropolitana (Greater Metropolitan Area - GAM). This area is key to the country, since there is great pressure on water resources and sources due to population growth, historic scarcity and changes of land use, among others.

Faced with the degradation of natural resources, the threat of their renewability and the variation in the rainfall regime, it is necessary to take action to secure water resources in quantity and quality.

BENEFICIARIES

Agua Tica will contribute to the protection of water sources located in the sub basins of Rio Grande river and Virilla river which are part of the Rio Grande de Tarcoles river basin.
1,173,820 direct beneficiaries (59% of the population of the 33 cantons).

  • 2,300,000 total beneficiaries (including population of the below river basin)
  • Operating: Yes
  • Country: Costa Rica

AREAS OF ATTENTION

  • Reforestation
  • Good agricultural practices
  • Assisted regeneration
  • Good husbandry practices
  • Natural regeneration
  • Agroforestry systems
  • Forest protection activities
  • Environmental education

PARTNERSHIP

The fund is a public-private partnership where civil society, public institutions and private companies take part. This scheme allows greater efficiency in the execution of actions and transparency in all processes involved. The participating institutions are:

Refer to the document of Agua Tica water fund here 

 
OPERATING FUNDS

Pages

Getting the Price of Water Right
2do Intercambio de Experiencias de los Fondos de Agua
Study Cases - TNC Fondos de Agua - Water Funds
Hydrological Monitoring in Water Funds