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Supporting the achievement of Uruguay's first SSLB SPTs by meeting the goals of the first NDC and strengthening the country's green finance landscape
The objective of this Technical Cooperation (TC) is to help Uruguay achieve the Sustainability Performance Targets (SPTs) of the world's first Sovereign Sustainability Linked Bond (SLB) with a step-down mechanism. These SPTs are directly tied to the targets of the country's first Nationally Determined Contribution (NDC). To achieve this objective, the TC will identify: (i) critical interventions in priority sectors, (ii) relevant knowledge gaps, (iii) and possible interventions which will allow the country to meet the mitigation and nature objectives of its first NDC, by 2025. Complementarily, the country's transparency capacities will be bolstered with aims to monetize them and enable the access to new concessional green finance debt instruments while also fostering a productive dialogue with relevant actors from the international financial system. Finally, a dialogue with private sector actors will be conducted through the Central Bank of Uruguay to ensure private sector participation in the achievement of the country's climate and environmental goals.

Project Detail

Country

Uruguay

Project Number

UR-T1290

Approval Date

June 9, 2023

Project Status

Implementation

Project Type

Technical Cooperation

Sector

OTHER

Subsector

OTHER

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 400,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 400,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/OC-20085-UR Sovereign Guaranteed USD - United States Dollar Ordinary Capital Nonreimbursable
Operation Number ATN/OC-20085-UR
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Nonreimbursable

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Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB0000531-470456720-13
BEO Procurement
Solicitud de Expresiones de Interés.docx
Nov. 20, 2023
Spanish
https://www.iadb.org/document.cfm?id=EZIDB0000531-2023057181-20
TC Document
Terminos de Referencia.pdf
Jun. 12, 2023
English
https://www.iadb.org/document.cfm?id=EZIDB0000531-2023057181-21
TC Document
Plan de Adquisiciones.pdf
Jun. 12, 2023
English
https://www.iadb.org/document.cfm?id=EZIDB0000531-2023057181-22
TC Document
Documento de Cooperación Técnica.pdf
Jun. 12, 2023
English
https://www.iadb.org/document.cfm?id=EZIDB0000531-2023057181-18
TC Document
Solicitud del Cliente.pdf
Jun. 12, 2023
English
https://www.iadb.org/document.cfm?id=EZIDB0000531-2023057181-19
TC Document
Matriz de Resultados.pdf
Jun. 12, 2023
English
Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-2023057181-1
TC Abstract
Technical Cooperation Abstract.pdf
Mar. 08, 2023
Spanish

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