The objective of this Technical Cooperation (TC) is to strengthen the institutional capacity of the MEF and develop the necessary skills to support the structuring and execution of guarantee operations for renewable energy projects. The resources from this TC will be used to finance the legal and financial structure of guarantee operations for renewable energy projects, the technical monitoring activities that ensure compliance with Environmental and Social Performance Standards (ESPS), as well as knowledge-sharing and standardization activities that enable scaling and replicating the structure in other countries.
Project Detail
Country
Ecuador
Project Number
EC-T1583
Approval Date
-
Project Status
Preparation
Project Type
Technical Cooperation
Sector
FINANCIAL MARKETS
Subsector
CAPITAL MARKET DEVELOPMENT
Lending Instrument
-
Lending Instrument Code
-
Modality
-
Facility Type
-
Environmental and Social Impact Category (ESIC)
-
Total Cost
USD 1,000,000.00
Country Counterpart Financing
-
Original Amount Approved
USD 500,000.00