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 and Social Impact Category (ESIC)
-
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
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
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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