The general objective is promoting a more productive and healthier ocean in The Bahamas. The specific objectives are: (i) promoting Micro, Small and Medium Enterprises (MSME) business recovery in the Blue Economy and prospecting investment projects suitable for Blue Bond financing; (ii) promoting digitalization in the Blue Economy; (iii) improving the resilience of the Blue Economy through improved climate risk management in coastal and offshore areas; (iv) promoting better management (certification, traceability and protection) of marine resources; and (v) reducing marine pollution. This project is structured as a Policy-Based Guarantee (PBG).

Project Detail

Country

Bahamas

Project Number

BH-U0001

Approval Date

February 18, 2022

Project Status

Implementation

Project Type

Guarantee

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

BUSINESS CLIMATE AND COMPETITIVENESS

Lending Instrument

Préstamo basado en políticas

Lending Instrument Code

PBL

Modality

-

Facility Type

-

Environmental Classification

Uncategorized Directive B.13

Total Cost

USD 200,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 200,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
5484/OC-BH Sovereign Guaranteed USD - United States Dollar Ordinary Capital Guarantee Financial Instrument
Operation Number 5484/OC-BH
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Guarantee Financial Instrument

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 Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB0000578-522669563-44062
Project Monitoring Report ( Public version)
BH-U0001 First period Jan-Jun 2023 - Public Report.PDF
Jan. 26, 2024
English
https://www.iadb.org/document.cfm?id=EZIDB0000578-522669563-43435
Project Monitoring Report ( Public version)
BH-U0001 Second period Jan-Dec 2022 - Public Report.PDF
Jul. 19, 2023
English
https://www.iadb.org/document.cfm?id=EZSHARE-2056220512-8980
Loan Contract
Guarantee - Building a Social and Inclusive Blue Economy in The Bahamas.pdf
Jul. 05, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-2056220512-8979
Loan Contract
Counter-Guarantee Contract - Building a Social and Inclusive Blue Economy in The Bahamas.pdf
Jul. 05, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-965128629-49396
Loan Contract
Building a Social and Inclusive Blue Economy in the Bahamas.pdf
Feb. 22, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-965128629-49397
Loan Contract
Crear una Economía Azul Social e Inclusiva en las Bahamas.pdf
Feb. 22, 2022
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1935439894-45
Loan Proposal
Bahamas. Propuesta de garantia para el proyecto _Crear una Economia Azul Social e Inclusiva en las Bahamas”.pdf
Feb. 03, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-1935439894-44
Loan Proposal
Bahamas. Proposal for a guarantee for the project _Building a Social and Inclusive Blue Economy in the Bahamas”.pdf
Feb. 03, 2022
English
 Other Documents
https://www.iadb.org/document.cfm?id=EZSHARE-1935439894-39
Electronic Links
BH-U0001 - Policy Letter.pdf
Feb. 03, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-1935439894-38
Electronic Links
BH-U0001 - Means of Verification limpio 09022021.docx
Feb. 08, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-1935439894-22
Electronic Links
BH-U0001-REL3-Monitoring-and-Evaluation.docx
Feb. 03, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-1935439894-18
Electronic Links
BH-U0001-OEL10-Digitalization-of-Fishing-Permits.pdf
Feb. 03, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-1935439894-16
Electronic Links
BH-U0001-OEL9-IFPG-BH.pdf
Feb. 03, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-1935439894-17
Electronic Links
BH-U0001-OEL8-Progress-on-BE-Action-Plan.pdf
Feb. 03, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-1935439894-15
Electronic Links
BH-U0001-OEL7-Complementarity-and-Sustainability-of-the-Reforms.docx
Feb. 03, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-1935439894-14
Electronic Links
BH-U0001-OEL6-Bahamas-BE-Strategy.pdf
Feb. 03, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-1935439894-12
Electronic Links
BH-U0001-OEL4-Blue-Economy-Initiatives-in-the-Region.docx
Feb. 03, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-1935439894-13
Electronic Links
BH-U0001-OEL5-International-Experience-in-Blue Economy-and-Coastal-Resiliency.docx
Feb. 03, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-1935439894-11
Electronic Links
BH-U0001-OEL3-Investment-Projects-for-the-Blue-Economy.docx
Feb. 03, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-1935439894-10
Electronic Links
BH-U0001-OEL2-Governance-in-the-Blue-Economy.docx
Feb. 03, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-1935439894-9
Electronic Links
BH-U0001-OEL1-Contribution-to-Five-Tipping-Points.docx
Feb. 03, 2022
English
 Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1935439894-8
Project Profile
Approved Project Profile for BH-U0001 public version.pdf
Jul. 15, 2021
English

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