Project Objective: Support the conservation of biodiversity in prioritized territories of the Dry Forests in Ecuador and Peru, by financing sustainable agricultural practices (which includes climate smart agriculture), building capacities and transferring technology to small and medium farmers, through the issuance of one or more green bonds in Peru and Ecuador that will benefit from guarantees provided by GEF and CAF and thereby improve the terms of financing of the credit providers, and their on-lending terms for the small holder farmers in that region.

Project Details

GEF Project ID
10852
Country
Regional
Implementing Agencies
Development Bank of Latin America
Status
Concept Approved
Region
Regional
Executing Agencies
CAF, BANECUADOR, COFIDE,
GEF Period
GEF - 7
Project Type
Full-size Project
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
68,200,000
GEF Project Grant
6,000,000
GEF Agency Fees
540,000

Timeline

Received by GEF
Concept Approved