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GU-T1280 : Green Guarantee for Competitive Landscapes

Project Status: Implementation

The project will support the establishment of a Green Guarantee pilot fund that would test two guarantee modalities to financing REDD+ land use qualified activities by sharing/covering risks. The guarantee fund would work complementary to existing national forestry financing programs (PINPEP or PROBOSQUE) and with private sector lenders.

Project Detail

Project Number
GU-T1280
Approval date
December 19, 2019
Project Country
Guatemala
Project Sector
ENVIRONMENT AND NATURAL DISASTERS
Project Subsector
FOREST RESOURCES MANAGEMENT
Project Type
Technical Cooperation
Environmental and social impact category
C
Project Status
Implementation
Operation Number
ATN/SX-17808-GU

Financial Information

Project Number
GU-T1280
Project Status
Implementation

IDB Financing

Financing type
TCN
Fund
Strategic Climate Fund
Reporting currency
USD - United States Dollar
Reporting date
Jul/31/2020

Roles & Responsibilities

Contract signature date
Jun/08/2020
Operation Number
ATC/SX-17809-GU

Financial Information

Project Number
GU-T1280
Project Status
Implementation

IDB Financing

Financing type
TCN
Fund
Strategic Climate Fund
Reporting currency
USD - United States Dollar
Reporting date
Jul/31/2020

Roles & Responsibilities

Contract signature date
Jun/08/2020
Operation Number
ATC/ME-17806-GU

Financial Information

Project Number
GU-T1280
Project Status
Implementation

IDB Financing

Financing type
TCC
Fund
Multilateral Investment Fund II (MIF) -
Reporting currency
USD - United States Dollar
Reporting date
Jul/31/2020

Roles & Responsibilities

Contract signature date
Jun/08/2020
Operation Number
ATN/ME-17807-GU

Financial Information

Project Number
GU-T1280
Project Status
Implementation

IDB Financing

Financing type
TCN
Fund
Multilateral Investment Fund II (MIF) -
Reporting currency
USD - United States Dollar
Reporting date
Jul/31/2020

Roles & Responsibilities

Contract signature date
Jun/08/2020

Project Information

Total Cost
USD 16,250,000
Country counterpart financing
USD 1,000,000
Amount
USD 3,250,000