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Chocolate Island: Cocoa, Carbon and Community

The objective of the project is to propel the Trinidad and Tobago cocoa and chocolate industry forward in a post pandemic and ESGcompliant world, by providing an innovative approach to attracting impact investors through a bundled investment package of "Cocoa, Carbon and Community" thus providing not only a financial return on investment but also environmental and social returns as well.

Project Detail

Country

Trinidad and Tobago

Project Number

TT-T1132

Approval Date

November 10, 2022

Project Status

Implementation

Project Type

Technical Cooperation

Sector

AGRICULTURE AND RURAL DEVELOPMENT

Subsector

SUSTAINABLE AGRICULTURAL DEVELOPMENT

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 949,800.00

Country Counterpart Financing

USD 490,800.00

Original Amount Approved

USD 459,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-19654-TT Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-19654-TT
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable
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