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Development of Capabilities to Finance Energy Efficiency and Renewable Energy Markets
The objective of the proposed TC is to support the Foundation Reservas in its strengthening and institutional preparation to offer a range of second-tier products and instruments that promote the financing of private investments in EE and ER by MSMEs. Specifically, this TC proposes the generation of capacities that allow the Foundation to: (a) segment the potential MIPYME financing market for EE and ER investments, and (b) design and implement institutional strategies, financial products and specialized monitoring systems to penetrate those market sectors. Through this support, the Foundation will be able to contribute in the development axis of environmental protection and adaptation to climate change for a sustainable development of the 2030 Development Plan of the Government of the Dominican Republic

Project Detail

Country

Dominican Republic

Project Number

DR-T1169

Approval Date

December 10, 2018

Project Status

Closed

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

FINANCING FOR ENVIRONMENTAL SUSTAINABILITY

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental Classification

Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 220,000.00

Country Counterpart Financing

USD 20,000.00

Original Amount Approved

USD 200,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/OC-17169-DR Sovereign Guaranteed USD - United States Dollar Ordinary Capital Nonreimbursable
Operation Number ATN/OC-17169-DR
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Nonreimbursable

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Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-197572751-3
TC Abstract
TC Abstract - DR-T1169.pdf
Oct. 19, 2018
English

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