The specific objectives of the TC are to: (i) design private sector biodiversity and ecosystem services indicators and a biodiversity opportunity assessment tool that will provide criteria to determine if a loan is biodiversity positive, (ii) implement a market study to identify clients for an SCF/FMK planetBanking Biodiversity and Ecosystem Services finance line that extends credit via financial institutions (FIs), and provide these FIs with the initial technical assistance needed to implement the BES lines, and to provide at least one biodiversity and ecosystem services value-added analysis for a corporate or infrastructure client, and (iii) enable implementation of the above activities through research support.
Project Detail
Country
Regional
Project Number
RG-T2330
Approval Date
July 8, 2013
Project Status
Closed
Project Type
Technical Cooperation
Sector
ENVIRONMENT AND NATURAL DISASTERS
Subsector
BIODIVERSITY AND PROTECTED AREAS CONSERVATION
Lending Instrument
BID Invest
Lending Instrument Code
IIC
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 389,000.00
Country Counterpart Financing
USD 30,000.00
Original Amount Approved
USD 359,000.00