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BH-U0001 : Building a Social and Inclusive Blue Economy in The Bahamas
Project Status: Implementation
The general objective is promoting a more productive and healthier ocean in The Bahamas. The specific objectives are: (i) promoting Micro, Small and Medium Enterprises (MSME) business recovery in the Blue Economy and prospecting investment projects suitable for Blue Bond financing; (ii) promoting digitalization in the Blue Economy; (iii) improving the resilience of the Blue Economy through improved climate risk management in coastal and offshore areas; (iv) promoting better management (certification, traceability and protection) of marine resources; and (v) reducing marine pollution. This project is structured as a Policy-Based Guarantee (PBG).
Project Detail
Project Number
BH-U0001
Approval date
February 18, 2022
Project Country
Bahamas
Project Sector
PRIVATE FIRMS AND SME DEVELOPMENT
Project Subsector
BUSINESS CLIMATE AND COMPETITIVENESS
Project Type
Guarantee
Project Lending Type
SG
Project Modality
Project Facility Type
Environmental and social impact category
B13
Project Status
Implementation
Operation Number
5484/OC-BH
Financial Information
Project Number
BH-U0001
Project Status
Implementation
IDB Financing
Financing type
GUA
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jun/07/2023
Roles & Responsibilities
Contract signature date
Jun/16/2022
Project Information
Total Cost
USD 200,000,000
Country counterpart financing
USD 0
Amount
USD 200,000,000
Preparation
Title
Type
Project Number
Date Published
Project Profile
BH-U0001
July 15, 2021
Approved
Title
Type
Project Number
Date Published
Loan Contract
BH-U0001
July 05, 2022
Loan Contract
BH-U0001
July 05, 2022
Loan Contract
BH-U0001
February 22, 2022
Loan Contract
BH-U0001
February 22, 2022
Loan Proposal
BH-U0001
February 03, 2022
Loan Proposal
BH-U0001
February 03, 2022