One of these was the creation of the Multi-Donor Fund for the Ecoregion of the Chocó, which will contribute to conservation and restoration efforts of this large geographical strip, extended from across the Ecuadorian, Colombian and Panamanian Pacific.

The financial instrument, in which Colombia, Costa Rica, Ecuador and Panama have participated to date, aims to preserve biodiversity and ecosystems, as well as to assist in climate change mitigation and adaptation and sustainable development, in those territories and other related ecoregions.

In addition, the member countries of the Amazon Cooperation Treaty Organization (OTCA) approved the Cali Declaration, in which it was agreed to accelerate the implementation of disaster risk management strategies.

The foreign ministers and representatives of Bolivia, Brazil, Colombia, Ecuador, Guyana, Peru, Suriname and Venezuela, signed the document for the strengthening of regional and international cooperation on issues such as preventing and combating deforestation, illegal wildlife trafficking and environmental degradation.

As part of the declaration, the parties committed to enhance the Amazon Comprehensive Fire Management Network, the Amazon Network of Water Authorities and the OCTA working group on the El Niño phenomenon, to reduce the severe impacts generated by the current drought.

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