Climate Change Funds and Implications for LAC ... - UN CC:Learn

Within the LAC region, the large economies (Brazil, Mexico, Argentina, Venezuela,Colombia, Chile and Peru) received 64 percent of the GEF grants. In geographical terms, the“Southern Cone” region, including three large-sized countries (Brazil, Argentina and Chile)accounted for the highest composition (33.4 percent), while “Caribbean” accounted for thelowest composition (10.2 percent). Figure 5 shows allocations of the GEF grants by country inLAC. Three countries (Brazil, Mexico and Colombia) have received over 50 percent of the totalgrants for the LAC countries.Figure 4. Allocations of the GEF Trust Funds (Grant) by Country Group in LACUnit: $ million(i) Size of Economies(ii) Geographical LocationsNotes: 1) The large economy classification consists of countries belonging to Groups A and B of the IDB’sborrowing members, which have a GDP higher than $127 billion, and the small economy classificationconsists of countries belonging to Groups C and D, which have a GDP lower than $55 billion.2) The geographical locations follow the IDB’s categories.3) Some regional projects which cannot be classified to one economy were excluded in calculating the sizeof economies, and some regional projects which cannot be sorted into one geographical location were alsoexcluded in calculating geographical locations.4) In parentheses number of projectsSource: GEF database.19