RG-X1244 : LAC Green Finance Program to Mobilize Private Investment in Mitigation Actions and Low-Carbon and Sustainable Business Models through National Development Banks

Project Status
Implementation

The proposed Program aims to support NDBs in the promotion of financing strategies geared to mobilize private sector investments in EE and RE. The financing strategies developed by NDBs should support potential investors as well as providers of technological solutions and energy services in the structuring of a portfolio of EE and RE bankable investment projects. The strategies should also provide for the supply of adequate financing for this type of projects, as well as for relevant risk mitigation instruments that could help mitigate potential performance risks associated with them. In this context, NDBs are expected to be supported in their engagement with first-tier financial institutions and insurance companies in order to ensure the access to long-term investment credit and develop and implement guarantee facilities and other dedicated risk transfer instruments

PROJECT DETAIL

Project Number RG-X1244
Operation Number ATN/CF-15571-RG
Country Regional
Sector FINANCIAL MARKETS
Subsector FINANCIAL MARKETS-FINANCING FOR ENVIRONMENTAL SUSTAINABILITY
Project Type Technical Cooperation
Project Status Implementation
Approval Date MAY 13, 2016
Contract Signature Date MAY 13, 2016
IDB Financing * 5.58

PROJECT INFORMATION

Total Cost H USD 6,594,000
Country Counterpart Financing USD 1,099,000
Financing Type Non-Reimbursable Technical Cooperation
Fund Cofinancing Special Grant
Reporting currency USD - United States Dollar
Reporting Date NOV 30, 2017
Undisbursed Amount H USD 4,643,651
Disbursed to Date R USD 937,399
PORTFOLIO DETAILS
Key Value
H Historical
R Revalued

*For active and closed projects, the IDB financing at Board approval is shown in US$ millions. This does not reflect any cancellations. For projects in Preparation the amount shown is the Estimated IDB Financing. Approved projects shows either Estimated IDB Financing or Historic Approved amount. The IDB financing for projects in the pipeline is indicative and may be modified during the project preparatio

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