This Technical Cooperation (TC) is intended to provide support to the Government of Barbados in the design of its first project (BA-L1069) under the IDB CLIMA Pilot Program ("First Individual Operation for the Mains Replacement and Non-Revenue Water Reduction Program in Barbados"). The IDB CLIMA Pilot Program aims to incentivize sector-driven investments that will support the country's agenda of innovation within green thematic markets. To attain this goal, IDB CLIMA offers a grant to borrowers that successfully reach results through sectoral investments measured through Key Performance Indicators (KPI) that: (i) reduce development gaps while delivering impact in terms of nature and climate; (ii) strengthen the sector's capabilities to develop sectoral project pipelines that include climate and/or nature considerations; and (iii) strengthen sector-driven nature and climate monitoring, reporting and verification systems to meet international climate and thematic green debt standards.
Project Detail
Country
Barbados
Project Number
BA-T1136
Approval Date
-
Project Status
Preparation
Project Type
Technical Cooperation
Sector
ENVIRONMENT AND NATURAL DISASTERS
Subsector
CLIMATE CHANGE ADAPTATION POLICY
Lending Instrument
-
Lending Instrument Code
-
Modality
-
Facility Type
-
Environmental and Social Impact Category (ESIC)
-
Total Cost
USD 400,000.00
Country Counterpart Financing
-
Original Amount Approved
USD 400,000.00