ME-L1120 : Financing Low Carbon Strategies in Forest Landscapes

Project Status
Implementation

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.

PROJECT DETAIL

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
Environmental and Social Impact Category Uncategorized
Project Status Implementation
Approval Date NOV 14, 2012
Contract Signature Date JAN 29, 2013
IDB Financing * 10.00

PROJECT INFORMATION

Total Cost H USD 10,000,000
Financing Type Single Currency Facility
Fund SCX
Reporting currency USD - United States Dollar
Reporting Date MAY 31, 2015
Estimated Cofinancing H USD 10,000,000
Undisbursed Amount H USD 10,000,000
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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Preparation

Approved

Implementation

Environmental & Social Management Reports

Loan Proposal

Informe Monitoreo de Progreso de Proyectos ( Versi

Perfil de Proyecto

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