Cooperativa Chorotega: Financing the Blue Economy and Conservation of the Mangrove System in Honduras

The objective of the Project is to promote the sustainable management of the mangrove ecosystem on the Pacific and Atlantic coasts of Honduras, by strengthening the capacities and access to financing for small producers, MSMEs, and fishing-aquaculture and tourism organizations that carry out their activities in these areas, in order to make their operations sustainable and improve their quality of life.

Project Detail

Country

Honduras

Project Number

HO-T1434

Approval Date

Project Status

Preparation

Project Type

Technical Cooperation

Sector

ENVIRONMENT AND NATURAL DISASTERS

Subsector

CLIMATE CHANGE FINANCING

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 750,000.00

Country Counterpart Financing

USD 400,000.00

Original Amount Approved

USD 350,000.00