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Project Detail

ME-L1120 : Financing Low Carbon Strategies in Forest Landscapes

Project Description

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.

Procurement Information

News Release: Nov 15, 2012 - Mexico gets $15 million from IDB to support climate change mitigation

Project at a glance

Project Number
ME-L1120
Country
Mexico
Sector
ENVIRONMENT AND NATURAL DISASTERS
Project Status
Implementation
IDB Financing*
10.00
 

Project Status

Project Status

Latest Project Documents

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* 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 preparation.

ME-L1120 : Financing Low Carbon Strategies in Forest Landscapes

Basic Information

Project Number ME-L1120
Operation Number 2838/SX-ME
Country Mexico
Sector ENVIRONMENT AND NATURAL DISASTERS
Subsector ENVIRONMENT AND NATURAL DISASTERS-CLIMATE CHANGE FINANCING
Project Type Loan Operation
Project Subtype Global Credit Operation
Project Status Implementation
Approval Date NOV 14, 2012
Contract Signature Date JAN 29, 2013

ME-L1120 : Financing Low Carbon Strategies in Forest Landscapes

Financial Information

Total Cost - Historic USD 10,000,000

IDB Financing

   Financing Type Single Currency Facility
   Fund SCX
   Reporting currency USD - United States Dollar
   Reporting Date MAR 31, 2014
   Estimated Cofinancing - Historic USD 10,000,000
   Cancelled Amount - Historic USD 0
   Undisbursed Amount - Historic USD 10,000,000
   Disbursed to Date - Revalued USD 0
   Repayments - Revalued USD 0
   Principal Debt Relief Amount - Revalued USD 0
   Amount Outstanding - Revalued USD 0
   Income Collected - Revalued USD 0

Roles & Responsibilities

Borrower Financiera Rural
Guarantor Estados Unidos Mexicanos

ME-L1120 : Financing Low Carbon Strategies in Forest Landscapes

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ME-L1120 : Financing Low Carbon Strategies in Forest Landscapes


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