CoAct Database
Initiative 20x20
Initiative 20x20 is a country-led effort seeking to change the dynamics of land degradation in Latin America and the Caribbean by beginning to protect and restore 20 million hectares of forests, farms, pasture, and other landscapes by 2020.The initiative launched formally at COP 20 in Lima—supports the Bonn Challenge, a global commitment to bring 150 million hectares of the world’s deforested and degraded land into restoration by 2020, and 350 million hectares by 2030, and the New York Declaration on Forests that seeks to restore 350 million hectares by 2030.17 Latin American and Caribbean countries and three regional programs have committed to begin protecting and restoring more than 50 million hectares (or about 124 million acres, an area roughly the size of France) of land by 2030 through Initiative 20x20. The initiative is supported by more than 70 technical organizations and institutions and a coalition of impact investors and private funds deploying US$2.5 billion in private investment.
| Activity period | 2014–present |
| Last CoAct update | 2023 |
| Web URL | http://initiative20x20.org |
| Output effectiveness | 0.52 |
| Accountability Index | 0.52 |
| Inclusiveness Index | 0.31 |
| Num. actors | 132 |
| Functions | Knowledge production, Knowledge dissemination, Technical implementation, Institutional capacity building, Participatory management, Training, Funding, Policy planning |
| SDGs | |
| Themes | land use |
| Policy focus | Equal focus |
| Sectors | Agriculture, forestry and fishing |
| Implementation countries | Argentina, Belize, Brazil, Chile, Colombia, Costa Rica, Dominican Republic (the), Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay |
| Target | Target type |
|---|---|
| Bringing 20 million hectares of land into restoration and conservation by 2020 | Area target |
| Protect and restore 50 million hectares of forests, farms, pasture, and other landscapes by 2030 | Area target |
| To date, US$2.457 billion have been earmarked. Out of this amount, initial self-reported data indicates that at least US$414 million have been invested. | Funding target |
| $2.5 Billion financial ambitions by private sector impact investors to fund restoration projects in the region | Funding target |