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RG-T3612 : LAC Green Finance Program to Mobilize Private Investment in Mitigation Actions and Low-Carbon and Sustainable Business Models through National Development Banks (Phase II)

Project Status: Approved

The proposed program aims to give continuity to the support granted to NDBs through the Technical Cooperation RG-X1244 in the promotion of financing strategies aimed at mobilizing private sector investments in EE and ER. Specifically, the TC will focus on the following components: Component 1: the scale-up of activities to support NDBs and other type of public entities, such as utilities and other public companies (Phase I of the program was focused exclusively on NDBs) to design and promote green financial instruments, mobilize private sector investments in EE and RE and other green investments; Component 2: support knowledge sharing and development of lessons learned which enable deepening of replication efforts in the LAC region by replicating the experience of the Financial Innovation

Project Detail

Project Number
RG-T3612
Approval date
February 21, 2020
Project Country
Regional
Project Sector
FINANCIAL MARKETS
Project Subsector
FINANCIAL MARKETS-FINANCING FOR ENVIRONMENTAL SUSTAINABILITY
Project Type
Technical Cooperation
Environmental and social impact category
C
Project Status
Approved

Project Information

Total Cost
USD 0
Country counterpart financing
USD 0
Fund
Common Account - COFAB