Community Centered Circular Solutions: Transforming Sargassum and Waste in Belize
The project's objective is to demonstrate the economic viability of the Static Pile Inoculated Compost Extension (SPICE) system to convert sargassum and organic waste into marketable compost and hydrolysate, creating jobs, reducing methane emissions, and supporting sustainable agriculture in communities in Belize.

Project Detail

Country

Belize

Project Number

BL-T1199

Approval Date

May 6, 2026

Project Status

Implementation

Project Type

Technical Cooperation

Sector

SOCIAL INVESTMENT

Subsector

POVERTY ALLEVIATION

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 960,388.00

Country Counterpart Financing

USD 480,215.00

Original Amount Approved

USD 480,173.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-22370-BL Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-22370-BL
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable

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 Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB000283-1537691654-44
Donors Memorandum
BL-T1199_PROJECT DOCUMENT.pdf
Jun. 08, 2026
English

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