Coplafips Secures $21.3M for Amazon Bioeconomy Loans via Cooperatives

Coplafips, a Latin American cooperative network, will disburse $21.3 million from the IDB and Green Climate Fund through savings and credit cooperatives to finance bioeconomy projects in the Amazon. The initiative aims to support sustainable economic activities, though specific project details and disbursement timelines remain unspecified. This marks a notable financial commitment to climate-aligned development in the region.