Skip to main content

Promoting Innovation in Financial Management of Disaster Risks and Climate Change

The general objective of this technical cooperation is to strengthen and promote the financial management of the risks linked to natural disasters and climate change in the countries of Latin America and the Caribbean, through the identification, development and implementation of innovative financial solutions for both public and private sectors (micro and small businesses and vulnerable households). The specific objectives are: (i) the assessment of financial vulnerabilities of the population and key productive sectors to climate risks and natural disasters; (ii) the strengthening of the technical and public policy design capacities of the relevant institutions for the financial management of climate risks and natural disasters; (iii) the development and implementation of financial instruments for the management of contingent fiscal liabilities associated with disasters and climate change; (iv) the promotion and development of local insurance markets; and (v) the development of integral and innovative solutions to assist the productive sectors and vulnerable populations to reduce and transfer their risks.

Project Detail

Country

Regional

Project Number

RG-T3140

Approval Date

November 6, 2018

Project Status

Implementation

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

RISK FINANCING

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 1,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 1,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/AC-17034-RG Sovereign Guaranteed USD - United States Dollar NDC Pipeline Accelerator Multidonor Fund Nonreimbursable
ATN/OC-17033-RG Sovereign Guaranteed USD - United States Dollar Ordinary Capital Nonreimbursable
Operation Number ATN/AC-17034-RG
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: NDC Pipeline Accelerator Multidonor Fund
  • Financial Instrument: Nonreimbursable
Operation Number ATN/OC-17033-RG
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Nonreimbursable

Can’t find a document? Request information

Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-391113728-11
TC Document
RG-T3140 - Documento de CT (full doc).pdf
Dec. 15, 2021
Spanish
Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-391113728-13
TC Abstract
RG-T3140 - Abstracto de CT.pdf
Oct. 26, 2018
English

Have an Environmental or Social issue related to IDB projects? File a Complaint

Jump back to top