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Facilitating Finance for Biodiversity in Agriculture through Biotokens

The objetive of the project aims to pilot the use of digital tokens to incentivize agro-biodiversity practices and enhance access to credit and capital for small-scale farmers in Trinidad and Tobago.

Project Detail

Country

Trinidad and Tobago

Project Number

TT-T1148

Approval Date

June 19, 2023

Project Status

Implementation

Project Type

Technical Cooperation

Sector

ENVIRONMENT AND NATURAL DISASTERS

Subsector

CLIMATE CHANGE FINANCING

Lending Instrument

Social Entrepreneurship Program & Small Projects

Lending Instrument Code

SMP

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 991,000.00

Country Counterpart Financing

USD 541,000.00

Original Amount Approved

USD 450,000.00

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