Contingent Loan for Natural Disaster Emergencies

The objective of the project is to alleviate the impact that a severe or catastrophic natural disaster could have on the country's finances by increasing the availability, stability and efficiency of contingent financing to address emergencies. Additionally, the operation seeks to enhance the comprehensive risk management of Ecuador by fostering improvements in five main areas to be monitored through the Comprehensive Natural Disaster Risk Management Program (CDRMP): (i) disaster risk management governance; (ii) risk identification; (iii) risk reduction; (iv) preparedness and response; and (v) financial protection.

Project Detail

Country

Ecuador

Project Number

EC-O0006

Approval Date

December 18, 2019

Project Status

Implementation

Project Type

Container

Sector

FINANCIAL MARKETS

Subsector

RISK FINANCING

Lending Instrument

Lending Instrument Code

Modality

Facility

Facility Type

CCF (Contingent Credit Financing for Natural Disasters)

Environmental and Social Impact Category (ESIC)

Category B13: Uncategorized Directive B.13

Total Cost

USD 300,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 300,000,000.00

Can’t find a document? Request information

Implementation Phase

https://www.iadb.org/document.cfm?id=EZIDB0000366-2056220512-9587

Loan Contract

Contrato Modificatorio y Financiamiento Adicional EC-O0012 - Préstamo Contingente para Emergencias por Desastres Naturales y de Salud Pública.pdf

Mar. 21, 2024

Spanish

https://www.iadb.org/document.cfm?id=EZSHARE-2056220512-8407

Loan Contract

Contrato Modificatorio No. 1 - Préstamo Contingente para Emergencias por Desastres Naturales. Modificación para incluir la Cobertura COVID-19.pdf

Jan. 19, 2021

Spanish

https://www.iadb.org/document.cfm?id=EZSHARE-965128629-48931

Loan Contract

Amendment to Loan Contract EC-O0006 to Include COVID-19 Coverage.pdf

Oct. 21, 2020

English

https://www.iadb.org/document.cfm?id=EZSHARE-965128629-48922

Loan Contract

BNDES. Programa Global de Crédito de Emergencia BID-BNDES de Financiación de las MIPYME para la Defensa del Tejido Productivo y el Empleo.pdf

Oct. 12, 2020

Spanish

https://www.iadb.org/document.cfm?id=EZSHARE-1447025349-72

Loan Proposal

EC-O0006_Ecuador. Contingent Loan for Natural Disaster Emergencies. Proposed Modification of Loan Contract.pdf

Aug. 28, 2020

English

https://www.iadb.org/document.cfm?id=EZSHARE-1447025349-71

Loan Proposal

EC-O0006_Ecuador. Préstamo Contingente para Emergencias por Desastres Naturales. Propuesta de Modificación del Contrato de Préstamo.pdf

Aug. 28, 2020

Spanish

https://www.iadb.org/document.cfm?id=EZSHARE-2056220512-7937

Loan Contract

Contrato Modificatorio No. 1 - Préstamo Contingente para Emergencias por Desastres Naturales.pdf

Mar. 21, 2024

Spanish

https://www.iadb.org/document.cfm?id=EZSHARE-965128629-48624

Loan Contract

Línea de Crédito Condicional para Proyectos de Inversión (CCLIP) CO-O0004.pdf

Dec. 20, 2019

Spanish

https://www.iadb.org/document.cfm?id=EZSHARE-965128629-48625

Loan Contract

Contingent Loan for Natural Disaster Emergencies (Amendment to Loan Contract No. EC-X1014).pdf

Dec. 20, 2019

English