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ME-X1025 : Insurance/Risk Mitigation for Energy Savings-IDB pilot in Mexico and Regional
Project Status: Closed
The overall objective of the present proposal is to support and accelerate the pilot implementation of a promising and innovative public-private financing initiative to promote investment in energy efficiency projects by the private sector in Mexico. The Danish support will strategically complement and enhance a collaborative program between the Inter-American Development Bank (IDB) and the Mexican agricultural development bank (FIRA) to promote EE investments in the food processing industry by providing confidence to investors and banks that energy savings will materialize and investment costs in more energy efficient and therefore climate friendly equipment will be recovered.
Project Detail
Project Number
ME-X1025
Project Country
Mexico
Project Sector
FINANCIAL MARKETS
Project Subsector
FINANCING FOR ENVIRONMENTAL SUSTAINABILITY
Project Type
Technical Cooperation
Project Lending Type
SG
Project Modality
Project Facility Type
Project Status
Closed
Operation Number
ATN/CF-14816-ME
Financial Information
Project Number
ME-X1025
Project Status
Closed
IDB Financing
Financing type
TCN
Fund
Common Account - COFAB
Reporting currency
USD - United States Dollar
Reporting date
Jun/30/2023
Roles & Responsibilities
Contract signature date
Dec/15/2014
Project Information
Total Cost
USD 488,192
Country counterpart financing
USD 0
Amount
USD 488,192
Approved
Title
Type
Project Number
Date Published
Cofinancing Grants Adiministered by the Bank
ME-X1025
December 22, 2014

