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Fuego del Sol Haiti SA, Ultra-Efficient Biomass Combustion
The objective of the project is to expand Fuego del Sol (FdS) Haiti's production of recycled plastic products, by implementing the proven plastics processing technology offered by Precious Plastic (PP). The FdS plastic recycling system, is the first globally that utilizes clean ultra-efficient biomass briquettes as the heating source to cleanly melt plastic into other usable items.

Project Detail

Country

Haiti

Project Number

HA-G1054

Approval Date

December 1, 2022

Project Status

Implementation

Project Type

Investment Grants

Sector

ENVIRONMENT AND NATURAL DISASTERS

Subsector

CLIMATE CHANGE MITIGATION POLICY

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 1,636,380.00

Country Counterpart Financing

USD 1,136,380.00

Original Amount Approved

USD 500,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
GRC/ME-19737-HA Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Contingent Grant Financing
Operation Number GRC/ME-19737-HA
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Contingent Grant Financing

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Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1913186691-5
Donors Memorandum
BH-T1101 Memorando a los donantes.pdf
Dec. 07, 2022
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1913186691-4
Donors Memorandum
BH-T1101 Donors memorandum.pdf
Dec. 07, 2022
English
Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1913186691-3
Profile
IDEATE 2022-11-08 Public Summary 1183 HA-T1309.pdf
Nov. 08, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-652745665-8
Environmental and Social Review Summary
Fuego del Sol_Environmental and Social_Review Summary (ESRS) final.docx
Oct. 25, 2022
English

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