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The report assesses climate vulnerability and institutional adaptive capacity in the Mendoza, Choquecota, and Elqui river basins. It finds that current adaptive capacities of producers and governments are insufficient to meet future climate challenges, citing poor institutional coordination and lack of integrated water management. While commercial farmers in Argentina and Chile have some protection due to capital and institutional frameworks, poor populations and traditional farmers in Bolivia remain highly vulnerable, relying on local resources and traditional knowledge. The study highlights a critical lack of early warning systems across all basins and suggests that policies targeting resource concentration and risk prevention could reduce vulnerability.

The project seeks USD 10 million in GCF grants to modernize Liberia's meteorological and hydrological services. It focuses on installing automated weather stations, weather radar, and creating a Forecast-based Financing (FbF) mechanism to protect vulnerable populations, particularly in agriculture and coastal regions, from increasing floods and temperature extremes.