Project objective is to create dedicated financing line accessible by communities and ejidos to finance low carbon activities in forest landscapes, addressing one of the drivers of deforestation. The credit line will be provided by Financiera Rural, a public financial institution focused on rural development.
|Sector||ENVIRONMENT AND NATURAL DISASTERS|
|Subsector||ENVIRONMENT AND NATURAL DISASTERS-CLIMATE CHANGE FINANCING|
|Project Type||Loan Operation|
|Environmental and Social Impact Category||Uncategorized|
|Approval Date||NOV 14, 2012|
|Contract Signature Date||JAN 29, 2013|
|IDB Financing *||10.00|
|Total Cost H||USD 10,000,000|
|Financing Type||Single Currency Facility|
|Reporting currency||USD - United States Dollar|
|Reporting Date||MAY 31, 2016|
|Undisbursed Amount H||USD 10,000,000|
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