PACT Mobilizes $36 Million for Climate Projects, $140 Million More in Pipeline

The Protected Areas Conservation Trust, PACT, celebrated another milestone year on June 6. Established in 1996, PACT has become one of Belize’s leading institutions for conservation and climate financing, supporting projects aimed at protecting the country’s natural resources while strengthening resilience to climate change.  During last week’s meeting of the House of Representatives, Minister of Sustainable Development, Climate Change and Solid Waste Management, Orlando Habet, highlighted the significant achievements made by the organization under the Briceño administration. Habet noted that over the past five and a half years, PACT has mobilized more than thirty-six million Belize dollars to support climate resilience initiatives across the country, with an additional one hundred and forty million dollars currently in the pipeline for future projects.  The minister also pointed to what he described as unprecedented levels of financing secured during the current administration, including twelve million dollars in conservation finance and twenty-eight million dollars in climate finance. According to Habet, these investments are helping Belize strengthen its environmental protection efforts while positioning the country to better respond to the growing challenges posed by climate change.

Habet used the occasion to congratulate the management and staff of PACT, both past and present, for their contributions to the institution’s success. He also paid tribute to the organization’s former Executive Directors, including its first Executive Director, the late Humberto Paredes, and former Executive Director Valerie Woods, recognizing their leadership in helping to build PACT into a respected conservation and climate finance institution.