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Contingent Loan for Natural Disaster Emergencias
The objective of the operation is to mitigate the impact that a severe or catastrophic disaster could have on the country¿s public finances, by increasing the availability, stability, and efficiency of contingent financing to deal with emergencies caused by events of this type.

The operation will provide the country with rapid access to liquid resources, enabling it to structure stable, efficient ex ante financial coverage so that it can deal, on a timely basis, with the extraordinary expenditures that could arise in emergencies caused by severe or catastrophic natural disasters.

The operation also promotes development by the Ecuador Government of effective mechanisms for the comprehensive management of natural disaster risks through the Comprehensive Natural Disaster Risk Management Program. This program promotes improvements in the identification, reduction, and financial management of risks, as well as in disaster management.

Project Detail

Country

Ecuador

Project Number

EC-X1014

Approval Date

December 18, 2014

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 Classification

-

Total Cost

USD 300,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 300,000,000.00

Financial Information

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-2056220512-7937
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-1301211021-13
Loan Proposal
Reglamento Operativo [39116623].DOCX
Oct. 20, 2016
Spanish
Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-952797107-2
Project Profile
PP_ Perfil de Proyecto [39159242].pdf
Dec. 31, 1999
Spanish

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