The objective of this Technical Cooperation (TC) is to enhance the technical capacities of financial cooperatives, enabling them to expand financing for bioeconomy projects and activities in the Amazon region. Additionally, it aims to strengthen their connection with public financial institutions—key capital providers—by fostering knowledge exchange and implementing financial tools and innovations that would increase capital raising and deployment in the region. By leveraging the extensive reach of financial cooperatives in remote regions, this initiative will facilitate greater financial inclusion and ensure that resources effectively reach bioeconomy related activities and bio-businesses deep within the Amazon territories.
Project Detail
Country
Regional
Project Number
RG-T4670
Approval Date
-
Project Status
Preparation
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