Uruguay
Uruguay’s strong economy, high per capita income and robust middle class are well known across Latin America. The country also stands out for another reason: it’s a pioneer in the field of climate finance, which has become critical as climate shocks constitute an ever-growing threat to Uruguay’s continued success. Winrock’s work in Uruguay has supported its ability to implement nested jurisdictional Reducing Emissions from Deforestation and Forest Degradation (REDD+) programs, which can help yield high-quality offsets that attract private sector investment as Uruguay seeks to adapt to climate change, reduce emissions and shrink its carbon footprint.