IDB CLIMA: Support the preparation and execution of the Program Integral and Sustainable Territorial Development

This Technical Cooperation (TC) aims to support the Dominican Republic in the design of its project DR-L1170 under the IDB CLIMA Pilot Program. The IDB CLIMA Pilot Program seeks to incentivize sector-driven investments that help accelerate sovereign borrowers' access to green thematic capital markets, achieving scale to meet national climate and biodiversity targets. To achieve this, the program offers a reward to borrowers that achieve results through sectoral investments measured by key performance indicators (KPIs) that: i) Reduce development gaps while generating impact in biodiversity and climate; ii) Strengthen sector capacities to develop project portfolios that include climate and/or biodiversity considerations; iii) Enhance Monitoring, Reporting, and Verification (MRV) systems for biodiversity and climate to meet international standards.

Project Detail

Country

Dominican Republic

Project Number

DR-T1317

Approval Date

Project Status

Preparation

Project Type

Technical Cooperation

Sector

ENVIRONMENT AND NATURAL DISASTERS

Subsector

INTEGRATED DISASTER RISK MANAGEMENT

Lending Instrument

Lending Instrument Code

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 800,000.00

Country Counterpart Financing

Original Amount Approved

USD 400,000.00

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Preparation Phase

https://www.iadb.org/document.cfm?id=EZIDB0003017-68729115-3

TC Abstract

Technical Cooperation Abstract.pdf

Mar. 13, 2025

English

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