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Sargassum Biorefinery: pre-treatment and storage solutions

Establish an inclusive and scalable sargassum feedstock supply chain in the Dominican Republic to create employment, value-added production, and reduce sargassum's environmental impact.

Project Detail

Country

Dominican Republic

Project Number

DR-G0014

Approval Date

August 21, 2025

Project Status

Implementation

Project Type

Investment Grants

Sector

ENVIRONMENT AND NATURAL DISASTERS

Subsector

ENVIRONMENTAL MANAGEMENT AND GOVERNANCE

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 475,000.00

Country Counterpart Financing

-

Original Amount Approved

USD 475,000.00

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