Sustainable Financing Platform with an IDB’s Multi-Country Guarantee
The general objective of this Technical Cooperation (TC) is to contribute to the improvement of the use of capital of the Multilateral Development Banks (MDB) to leverage private financing for the SDGs. To this end, the TC seeks to: (i) develop a new strategy for the use of the IDB guarantee with a sovereign counter-guarantee (SG guarantee) in a multi-country structure for the mobilization of sustainable resources from institutional investors; (ii) develop a methodology to calculate IDB's capital consumption for the use of this new resource leveraging instrument; and (iii) strengthen the capacities to mobilize sustainable financing of the countries of the region through new financial cooperation mechanisms.

Project Detail

Country

Regional

Project Number

RG-T4315

Approval Date

June 26, 2023

Project Status

Implementation

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

FINANCING FOR ENVIRONMENTAL SUSTAINABILITY

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 500,000.00

Country Counterpart Financing

-

Original Amount Approved

USD 500,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/CF-20157-RG Sovereign Guaranteed USD - United States Dollar Common Account - COFAB Nonreimbursable
Operation Number ATN/CF-20157-RG
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Common Account - COFAB
  • Financial Instrument: Nonreimbursable