Agriculture Extract and Bioleather: Product Development and Biomass Collection Scaling
The project's objective is to develop and scale a circular economy model for sargassum valorization (via agricultural extracts and biomaterials) to improve economic opportunities for local populations and reduce the environmental impacts of Sargassum

Project Detail

Country

Mexico

Project Number

ME-G1034

Approval Date

April 6, 2026

Project Status

Implementation

Project Type

Investment Grants

Sector

SOCIAL INVESTMENT

Subsector

HUMAN RESOURCES & WORKFORCE DEVELOPMENT

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 1,233,004.00

Country Counterpart Financing

USD 657,414.00

Original Amount Approved

USD 575,590.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
GRT/ME-22346-ME Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Grant
Operation Number GRT/ME-22346-ME
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Grant

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB000281-772255986-25
Donors Memorandum
ME-G1034 Donor memorandum.pdf
Apr. 28, 2026
English
 Preparation Phase
https://www.iadb.org/document.cfm?id=EZIDB000281-1945733222-4
Environmental and Social Review Summary
Environmental and Social Review Summary (ESRS)_March 12 2026 v2.pdf
Mar. 20, 2026
English

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