Climate Financing in Ecuador

Climate change as a global problem requires an urgent global response. It does not respect borders and highlights social, economic, cultural and political problems. It also widens inequality gaps, conflicts and instability between countries. Climate finance is the cornerstone for the materialization of agreements, commitments and the fulfillment of climate goals. This research analyzes climate finance for REDD+ Ecuador under the UNFCCC, directed to PROAmazon. To evaluate the impact of climate finance, a climate investment analysis was conducted to determine the effectiveness, efficiency and equity (3E+) of the activities carried out with these funds, through the variables: deforestation rate, stakeholder participation and land tenure. After the conclusion of PROAmazonian activities in the period 2017-2023, the results show an increase in the deforestation rate, which is considered one of the highest in Latin America, caused by extractivist activities.