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AR-T1213 : Support for Promoting Risk Mitigation Instruments and Finance for Renewable Energy and Energy Efficiency Investments for SMEs in Argentina with BICE

Project Status: Approved

This technical cooperation (TC)'s objective is to support the execution of the global credit line program AR-L1280 - Promoting risk mitigation instruments and finance for renewable energy and energy efficiency investments . The objective of the loan is to contribute to improve the efficiency in the production and use of energy in Argentina, by increasing small and medium enterprises' (SME) investments in renewable energy (RE) and energy efficiency (EE) to reduce GHG emissions. Successful implementation of projects financed will contribute to reduce GHG emissions, supporting the achievement of the country's climate change goals. The Project is in line with Argentina's government objective to increase RE share in the energy matrix to 20% and reduce energy consumption in 5.9% by 2025. It is a

Project Detail

Project Number
AR-T1213
Approval date
July 06, 2020
Project Country
Argentina
Project Sector
FINANCIAL MARKETS
Project Subsector
FINANCIAL MARKETS-FINANCING FOR ENVIRONMENTAL SUSTAINABILITY
Project Type
Technical Cooperation
Environmental and social impact category
C
Project Status
Approved

Project Information

Total Cost
USD 3
Country counterpart financing
USD 0
Fund
GRN