Innovation to Support the Energy Transition and Climate Action in Uruguay
The general objective of the program is to contribute to the sustainable growth of the country through the fair energy transition and innovation within the framework of Climate Change (CC) commitments. The specific objectives are: (i) contribute to the decarbonization of the transportation sector; (ii) support the development of green hydrogen, with private participation through the use of Renewable Energy (RE) resources; and (iii) strengthen the ecosystem of innovation, capacity development, gender and diversity, and financing for Climate Action (CA).

Project Detail

Country

Uruguay

Project Number

UR-L1199

Approval Date

October 16, 2024

Project Status

Implementation

Project Type

Loan Operation

Sector

ENERGY

Subsector

LOW-CARBON ENERGY TECHNOLOGIES

Lending Instrument

Policy-Based Loan

Lending Instrument Code

PBL

Modality

PBP (Programmatic Policy Base Loan)

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 200,000,000.00

Country Counterpart Financing

-

Original Amount Approved

USD 200,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
5931/OC-UR Sovereign Guaranteed USD - United States Dollar Ordinary Capital Flexible Financing Facility
Operation Number 5931/OC-UR
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Flexible Financing Facility