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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
Feb/28/2023

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
Approved TC document
ME-X1025
December 15, 2014