Can’t find a document? Request Information

RG-X1244 : LAC Green Finance Program to Mobilize Private Investment in Mitigation Actions and Low-Carbon and Sustainable Business Models through National Development Banks

Project Status: Implementation

The proposed Program aims to support NDBs in the promotion of financing strategies geared to mobilize private sector investments in EE and RE. The financing strategies developed by NDBs should support potential investors as well as providers of technological solutions and energy services in the structuring of a portfolio of EE and RE bankable investment projects. The strategies should also provide for the supply of adequate financing for this type of projects, as well as for relevant risk mitigation instruments that could help mitigate potential performance risks associated with them. In this context, NDBs are expected to be supported in their engagement with first-tier financial institutions and insurance companies in order to ensure the access to long-term investment credit and develop and implement guarantee facilities and other dedicated risk transfer instruments

Project Detail

Project Number
RG-X1244
Approval date
May 13, 2016
Project Country
Regional
Project Sector
FINANCIAL MARKETS
Project Subsector
FINANCING FOR ENVIRONMENTAL SUSTAINABILITY
Project Type
Technical Cooperation
Project Status
Implementation
Operation Number
ATN/CF-15571-RG

Financial Information

Project Number
RG-X1244
Project Status
Implementation

IDB Financing

Financing type
TCN
Fund
Common Account - COFAB
Reporting currency
USD - United States Dollar
Reporting date
Sep/29/2020

Roles & Responsibilities

Contract signature date
May/13/2016

Project Information

Total Cost
USD 6,594,000
Country counterpart financing
USD 1,099,000
Amount
USD 5,495,000

Approved

Title
Type
Project Number
Date Published
Technical Cooperation Agreement
RG-X1244;
April 18, 2018
TC Document
RG-X1244
May 06, 2016

Implementation

Title
Type
Project Number
Date Published
BEO Procurement
RG-X1244
July 14, 2020
BEO Procurement
RG-X1244
May 04, 2020
BEO Procurement
RG-X1244
February 25, 2020
Notice of Contract Award (SG)
RG-X1244
May 20, 2019
Notice of Contract Award (SG)
RG-X1244
May 20, 2019
BEO Procurement
RG-X1244
August 15, 2017