Strengthening Fiscal Policy for Climate Change Actions in Barbados

The objective of this Technical Cooperation is to help the Ministry of Finance, Economic Affairs and Investment (MFEI) of Barbados incorporate climate action into its fiscal policy and management. This TC will finance three activities: (i) the creation of a strategic fiscal agenda that takes into account climate-related fiscal risks; (ii) the integration of climate action into fiscal policy and management, as well as the improvement of the fiscal governance structure associated with climate action; and (iii) the dissemination of knowledge and the sharing of best practices to enhance governance.

Project Detail

Country

Barbados

Project Number

BA-T1102

Approval Date

May 9, 2024

Project Status

Implementation

Project Type

Technical Cooperation

Sector

REFORM / MODERNIZATION OF THE STATE

Subsector

FISCAL POLICY FOR SUSTAINABILITY AND GROWTH

Lending Instrument

Lending Instrument Code

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 500,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 500,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
ATN/FC-20774-BA	Sovereign Guaranteed	USD - United States Dollar	Dec. 5, 2024	May. 9, 2024	Fostering Fiscal Policy for Climate	Nonreimbursable

Operation Number

ATN/FC-20774-BA

Lending Type: Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Dec. 5, 2024
Signed Date: May. 9, 2024
Fund: Fostering Fiscal Policy for Climate
Financial Instrument: Nonreimbursable

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Implementation Phase

https://www.iadb.org/document.cfm?id=EZIDB0000888-1214602448-31

TC Document

TC Document - Disclosure_15641.pdf

May. 13, 2024

English