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FEMSA Water Funds Direct Investment In Ecosystem Services

Date: 01 July 2013

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10 pages, 2 Figures

 

Executive Summary

This report provides CSOs and Water Directors operating in water stressed regions with a method to manage ecosystem conservation and water stewardship at the watershed level, and engage stakeholders in the process. The Water Fund framework expands on the payment for ecosystem services model (PES) with monitoring and modelling tools and a governance structure to create an eco-governance framework. The Funds are managed and supported by the Latin American Water Funds Partnership which is made up of the founding members: FEMSA – a $18.3 billion Latin American conglomerate – along with the Global Environment Facility, the Inter-American Development Bank and The Nature Conservancy. They have been developing and applying the Water Fund framework since its formation 13 years ago in Ecuador. This has so far resulted in 11 established Water Funds, and an additional 29 in the development phase, at a total investment to date of $39.8 million. Verdantix spoke to Carlos Hurtado, FEMSA Foundation’s Water Manager, to find out more about the framework.

TABLE OF CONTENTS

FEMSA WATER FUNDS DIRECT INVESTMENT IN ECOSYSTEM SERVICES

The Water Fund Is A Multi-Party Payment For Ecosystem Services Model
The Partnership Supports A Comprehensive Governance Mechanism
The Rigorous Process Delivers Long-Term Investment In Conservation

SUCCESS STORIES IN LATIN AMERICA BOAST HIGH INVESTMENT

The Water Fund Mechanism Will Grow In Importance

TABLE OF FIGURES

Figure 1. Five Examples Of Established Water Funds
Figure 2. Example Strategic Plan For The Cauca Valley Water Fund

ORGANIZATIONS MENTIONED

3M Foundation, AB Inbev, Accenture, Anheuser-Busch Inbev, Anheuser-Busch Inbev, ASOCANA, Banco do Brasil Foundacion, Bavaria, Bogota Water Facility, Brasilia Water Supply, Brasilia Water Supply Company, Caterpillar, Colombian Protected Areas Agency, Corporation Autonoma regional del valle del Cauca, Dow Chemical, ECOPETROL, Empresas Publicas de Medellin, Federal District Agriculture Secretary, Federal District Environmental Agency, Federal District Rural Extension Company, Federal District Water & Sanitation Regulatory Agency, FEMSA, Global Environment Facility, Global Water Intelligence, Great Lakes Commission, Heineken N.V, Inter-American Development Bank, Johnson & Johnson, Kimberly-Clark, Ministry Of Integration, National Water Agency, New Economics Foundation, Nestlé, Patrimonio Natural, PAVCO Pipelines, PROCANA, Quito Electric, Sabesp, SABMiller, Sao Paulo State Environment Agency, The Natural Capital Project, The Nature Conservancy, UNICEF, Unilever, United Nations, University of Brasilia, US Agency for International Development, US Environmental Protection Agency, US Geological Survey, VallenPaz, Vittel, World Resources Institute, WWF-Brazil.