Catalyzing Private Finance for Climate Action: Learning Brief
To address these challenges, USAID partnered with the Sustainable Ocean Fund (SOF), to make pioneering impact investments into marine and coastal projects and enterprises. The $132 million Fund invests in projects across Latin America and the Caribbean, Africa, and Asia and the Pacific that aim to build resilience in coastal ecosystems and create sustainable economic growth and livelihoods in the blue economy.
The agriculture sector across the globe not only feeds the world’s population but it also provides nearly 27 percent of worldwide employment. Yet the sector faces significant sustainability challenges: it is estimated to contribute more than one-fifth of global greenhouse gas emissions through a combination of agricultural activities and land use changes, and it consumes, on average, 70 percent of the world’s freshwater resources.
At first glance, USAID and NASA seem like an unlikely pair. NASA’s satellites watch the world from above; USAID helps farmers around the world grow crops from the ground up. But through a 15-year partnership, we’re helping solve one of the greatest threats to Earth — the climate crisis — and simultaneously strengthening resilience against poverty, hunger, malnutrition, and lack of access to safe water and sanitation.