Support for Resource-Based Socioeconomic Development in Patagonia, Argentina

The objective of this project is to promote socio-economic development based on natural resources in the Argentine Patagonia, with the private sector as the driving force. To this end, the project will support specific activities to plan and prioritize improvements in infrastructure and urban services, promote local and regional economic diversification in the Buenos Aires Lake Department (Province of Santa Cruz, Argentina). The project seeks to contribute to the implementation, on a small scale, of a concept called "Development Compact": a coordinated effort of the three main actors - public sector, private sector, civil society - to promote long-term territorial planning and development activities term, based on consensus regarding challenges and opportunities, and the mobilization of resources.

Project Detail

Country

Argentina

Project Number

AR-T1211

Approval Date

July 24, 2018

Project Status

Closed

Project Type

Technical Cooperation

Sector

ENERGY

Subsector

NEW OIL AND GAS AND EXTRACTIVE INDUSTRIES

Lending Instrument

Lending Instrument Code

Modality

Facility Type

Environmental Classification

Likely to cause mostly local and short-term negative environmental and associated social impacts and for which effective mitigation measures are readily available

Total Cost

USD 1,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 1,000,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
ATN/CF-16826-AR	Sovereign Guaranteed	USD - United States Dollar	May. 9, 2024	Jul. 24, 2018	Common Account - COFAB	Nonreimbursable

Operation Number

ATN/CF-16826-AR

Lending Type: Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: May. 9, 2024
Signed Date: Jul. 24, 2018
Fund: Common Account - COFAB
Financial Instrument: Nonreimbursable

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