Parametric insurance premium support to water utilities in the Caribbean under CWUIC SP

This Investment Grant operation is expected to complement the TC operation with resources from The Government of the United Kingdom of Great Britain and Northern Ireland, represented by the Foreign, Commonwealth and Development Office (FCDO) to initially finance premium subsidies for the beneficiaries with the objective of making the insurance premiums more affordable for them.

Project Detail

Country

Regional

Project Number

RG-G1045

Approval Date

December 14, 2022

Project Status

Implementation

Project Type

Investment Grants

Sector

WATER AND SANITATION

Subsector

WATER SUPPLY RURAL AND PERI-URBAN

Lending Instrument

Lending Instrument Code

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Category C: Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 1,989,653.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 1,989,653.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
GRT/CF-19837-RG	Sovereign Guaranteed	USD - United States Dollar	Apr. 18, 2025	Dec. 14, 2022	Common Account - COFAB	Grant
GRT/CF-21542-RG	Sovereign Guaranteed	USD - United States Dollar	Apr. 18, 2025	Dec. 14, 2022	Common Account - COFAB	Grant

Operation Number

GRT/CF-19837-RG

Lending Type: Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Apr. 18, 2025
Signed Date: Dec. 14, 2022
Fund: Common Account - COFAB
Financial Instrument: Grant

Operation Number

GRT/CF-21542-RG

Lending Type: Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Apr. 18, 2025
Signed Date: Dec. 14, 2022
Fund: Common Account - COFAB
Financial Instrument: Grant

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