Development of a voluntary market for biodiversity credits to strengthen financing for making the Dominican Republic more resilient to climate change
The project objective is to promote financing for conservation and restoration projects in the Dominican Republic by creating a voluntary market for biodiversity credits (biocredits) to enhance the wellbeing of local populations and the country's resilience to climate change.

Project Detail

Country

Dominican Republic

Project Number

DR-T1298

Approval Date

June 26, 2024

Project Status

Implementation

Project Type

Technical Cooperation

Sector

ENVIRONMENT AND NATURAL DISASTERS

Subsector

CLIMATE CHANGE FINANCING

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 1,959,470.00

Country Counterpart Financing

USD 1,157,285.00

Original Amount Approved

USD 802,185.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-20868-DR Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-20868-DR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB0002371-1766163766-13
Donors Memorandum
DR-T1298 Donors Memoradum pv.pdf
Oct. 08, 2024
English
https://www.iadb.org/document.cfm?id=EZIDB0002371-1766163766-14
Donors Memorandum
DR-T1298 Memorando a los donantes vp.pdf
Oct. 08, 2024
English

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