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Insurance/Risk Mitigation for Energy Savings-IDB pilot in Mexico and Regional
The overall objective of the present proposal is to support and accelerate the pilot implementation of a promising and innovative public-private financing initiative to promote investment in energy efficiency projects by the private sector in Mexico.
The Danish support will strategically complement and enhance a collaborative program between the Inter-American Development Bank (IDB) and the Mexican agricultural development bank (FIRA) to promote EE investments in the food processing industry by providing confidence to investors and banks that energy savings will materialize and investment costs in more energy efficient and therefore climate friendly equipment will be recovered.

Project Detail

Country

Mexico

Project Number

ME-X1025

Approval Date

December 15, 2014

Project Status

Closed

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

FINANCING FOR ENVIRONMENTAL SUSTAINABILITY

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 488,192.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 488,192.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/CF-14816-ME Sovereign Guaranteed USD - United States Dollar Common Account - COFAB Nonreimbursable
Operation Number ATN/CF-14816-ME
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Common Account - COFAB
  • Financial Instrument: Nonreimbursable

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Other Documents
https://www.iadb.org/document.cfm?id=EZSHARE-2069621122-376
Cofinancing Grants Administered by the Bank
Administration Agreement between the Inter-American Development Bank and the Government of Denmark dated as of D [39545855].PDF
May. 21, 2015
English
Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-5042641-11
Approved TC document
Documento de Aprobación [39622854].PDF
May. 11, 2015
Spanish

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