The general objective of this Technical Cooperation (TC) is to strengthen the emergency preparedness capacity of Decentralized Autonomous Governments (GADs) by improving financial risk management. The TC will also support the implementation of the operation "Global Credit Program for Financing Contingent Lines for the Resilience of Decentralized Autonomous Governments in the Face of Emergencies (EC-L1320)," executed by the Development Bank of Ecuador (BDE). The specific objectives are: (i) to provide technical support to the BDE in the implementation of the global credit program; and (ii) to strengthen the institutional capacity of GADs for emergency response.
Project Detail
Country
Ecuador
Project Number
EC-T1641
Approval Date
-
Project Status
Preparation
Project Type
Technical Cooperation
Sector
FINANCIAL MARKETS
Subsector
RISK FINANCING
Lending Instrument
-
Lending Instrument Code
-
Modality
-
Facility Type
-
Environmental and Social Impact Category (ESIC)
-
Total Cost
USD 500,000.00
Country Counterpart Financing
-
Original Amount Approved
USD 250,000.00