The National Sustainable Urban Transport Program aims to improve sustainable urban mobility by supporting the reform of public urban transport in Peru's main cities. The LAIF contribution co-finances the Technical Assistance component to support central and local governments and to develop a pipeline of feasible and bankable projects.
Dates: 03/03/2019 - 02/03/2024 | Countries: Peru
Supporting sustainable investments in the agricultural, energy and food production sector in Cuba's Central region
This project aims at supporting the identification and financing of investments in agriculture, livestock breeding and agroforestry and at underpinning their implementation in order to promote sustainable practices based on agroecological principles while mainstreaming climate change mitigation and adaptation into the agriculture and livestock sectors.
Specific objectives of the project are:
a) To extend agroecological and agro-sylvo-pastoral technologies, tackle environmental and social risks and bring institutional support to the main stakeholders of the PRODEGAN project (cooperatives, agro-industries, decentralized service providers, local authorities, producers associations, research institutions) in Camagüey, the main animal production area in the country;
b) To enable the most adapted investment for a modern integrated carbonization/cogeneration plant by a private investor (5 candidates identified by Cuban authorities) as a part of an overall clean, locally produced, energy production strategy coupled with the elaboration of innovative bio-sourced by-products through the valorization of the invasive marabú tree;
c) To develop environmental and social governance and a green portfolio at BANDEC, the main financing institution in the local agricultural sector.
Dates: 04/01/2019 - 03/01/2024 | Countries: Cuba
The envisaged Seed Capital Risk Financing component addresses the bottlenecks identified in the Central American region, specifically regarding the accessibility of new and innovative enterprises to finance solutions in order to start their operations, be consolidated and grow.
By doing this, the new component contributes to developing entrepreneurship and innovation and is therefore an ideal complement to the DINAMICA initiative.
Dates: 20/12/2018 - 19/12/2025 | Countries: -Regional Central America-, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama
Development Facility of the Green Micro, Small, and Medium Enterprises Initiative in Central America - MIPYMES VERDES II
The Green MSMEs lnitiative aims at reducing carbon emissions in the Central American Region by ensuring the provision of financial and non-financial services to support renewable power generation and energy efficiency measures in Micro, Small and Medium Enterprises.
In order to do so, the lnitiative contains three main components:
- Technical Assistance for MSMEs as well as Participating Financial lntermediaries,
- Partial Risk Guarantees for MSMEs,
- Financing (loans) for Environmental lnvestments for MSMEs.
Dates: 17/12/2018 - 14/02/2034 | Countries: -Regional Central America-, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua
Argentina, Brazil, Bolivia, Paraguay and Uruguay are shareholders of Fonplata, a regional multilateral financial institution established to foster inclusive development within the River Plata Basin and surrounding regions. The project has the objective of supporting multi-sector initiatives centered on climate mitigation and adaptation, in sectors such as the provision of basic services in rural and urban areas, urban renewal, and improvement of climate change resilience in the Basin. Small-sized projects with a focus on social deprivation and climate resilience will be targeted.
LAIF contributes with technical assistance to support Fonplata in improving its policies and procedures in areas that were identified as priorities. The main focus of this support is to upgrade environmental and social safeguards in line with EU standards.
Dates: 10/12/2018 - 09/12/2023 | Countries: -Regional Latin America-, Argentina, Bolivia, Brazil, Paraguay, Uruguay
Dates: 16/11/2018 - 15/11/2023 | Countries: Ecuador
This is regarded as a pilot operation of European cooperation to support the peace process in Colombia, through a common initiative to boost investment in post-conflict municipalities. This pilot operation is the result of discussions with the Colombian Financial Corporation for the Territorial Development S.A - FINDETER and the experience accumulated through the first LAIF program with FINDETER. The operation consists of a credit facility to finance territorial development in post-conflict areas. This will be accomplished through the structuring of projects (technical assistance) and investments (investment grants) in priority areas which have been selected by the Colombian government through the local Development Programs with a Territorial Focus (PDET - Programas de Desarrollo con Enfoque Territorial).
Dates: 15/11/2018 - 14/11/2023 | Countries: Colombia
The aim of the Facility is to establish a strategic partnership between the European Commission, AECID and other LAIF-assessed financial institutions, to channel the Commission’s resources towards the identification and design of projects aimed at increasing the sustainability and resilience of cities in Latin America. The strategic Facility will finance project identification activities and the different steps leading to the design of comprehensive investment projects, capacity building activities and knowledge management, to build up bankable projects.
Dates: 01/02/2018 - 31/01/2023 | Countries: -Regional Latin America-
This program supports the implementation of an integrated waste management system for the collection, treatment and disposal of municipal solid waste generated in the province of Jujuy, Argentina. The integrated management system is phasing out the dumping of untreated waste, by recovering both energy and material through anaerobic digestion and a better recycling performance.
At the same time, the program is ensuring that targeted municipalities develop and implement specific integrated waste management policies, create jobs related to waste treatment, optimize waste collection and have adequate disposal facilities.
Dates: 28/12/2017 - 27/12/2023 | Countries: Argentina
This project aims at expanding and improving the access to water and sanitation services for more than 200 000 people while enhancing sector governance in Bolivia. Furthermore, national policy for integrated water resources management will be strengthened, reducing the impact of climate change on the poorest segments of Bolivian society.
Dates: 22/12/2017 - 21/09/2022 | Countries: Bolivia
This project consists of a multisector framework loan given by the EIB to finance reconstruction of small-scale infrastructure damaged by the earthquake of 16 April 2016 in the province of Manabí, particularly in the city of Portoviejo, which was the most affected. The socioeconomic level of the province is lower than the national level. Poverty and extreme poverty are 31.3% and 6.3% of the total population, compared to 25.8% and 5.7% at national level.
The technical assistance provided by LAIF supports national and local authorities to ensure the effective and transparent execution of the project, the development and implementation of an Environmental and Social Management Plan and a Stakeholders’ Engagement Plan, and the strengthening and enforcement of Ecuador’s Building Code (2015).
Dates: 18/12/2017 - 18/12/2023 | Countries: Ecuador
Dates: 01/08/2017 - 14/11/2021 | Countries: Costa Rica
The aim of the facility is to finance activities such as feasibility or pre-feasibility studies relating to investment projects likely to be financed by the IFIs in Cuba. The expertise that will be provided could consist of specific sector support (in the field of energy, transport, water, etc.) but could also contribute to improving the compliance of the investment projects with international standards in environmental, social, gender or climate issues. The selected projects will be the ones considered as priorities by the Cuban Government, in particular in the sectors of energy, water and sanitation, urban rehabilitation, agriculture and transportation, and that are likely to be bankable. All the projects will have an expected positive contribution to the country’s adaptation to climate change or to the reduction of GHG emissions.
Dates: 07/06/2017 - 06/06/2021 | Countries: Cuba
The eco.business Fund is a joint initiative of investors intent on supporting the promotion of business and consumption practices that contribute to biodiversity conservation, the sustainable use of natural resources, climate change mitigation and adaptation to its impact. In providing financing to the Fund’s target group for investing in activities that conserve nature and foster biodiversity, the eco.business Fund seeks investments that yield both financial and environmental returns. The financing can be provided directly or through local financial institutions. In addition, final beneficiaries and local lending institutions can count on high impact technical assistance provided by the eco.business Development Facility.
Dates: 29/12/2016 - 28/12/2020 | Countries: -Regional Latin America-, Colombia, Costa Rica, Ecuador, Honduras, Nicaragua, Peru
Dates: 28/12/2016 - 27/12/2021 | Countries: Ecuador
Ecuador’s PROSANEAMIENTO program aims to expand and improve access to basic water, sanitation and waste disposal services while strengthening the capacity of water and waste service providers. The LAIF contribution supports efforts to increase the sustainability of the 12 beneficiary municipalities and their public utilities, and to improve their management capacity in the preparation of pre-investment studies, implementation, monitoring and evaluation of the program.
Dates: 23/12/2016 - 30/04/2022 | Countries: Ecuador
This is Bolivia’s first large-scale photovoltaic project. It entails the construction of a 50 MW photovoltaic (PV) power plant in the Altiplano region, in the highlands of western Bolivia, and its connection to the Bolivian national grid. The PV plant boosts electricity generation by approximately 100 GWh/year and contributes to the diversification of the Bolivian energy mix, reinforcing Bolivia's national strategy to develop renewable energies (wind and solar), which are expected to reach 70% of installed capacity in 2025.
Dates: 22/12/2016 - 08/06/2022 | Countries: Bolivia
The Project assists the Government of Colombia in its policy shift to a more social and greener economy in order to improve the revenues and livelihoods of the population, notably in the Orinoquia basin and more generally in Colombia, while reducing their vulnerability and mitigating their contribution to climate change. More specifically, the project supports the “Green Growth” strategy, which strengthens the capacities of local authorities and stakeholders in the Departments of Meta and Vichada in the formulation and development of their planning instruments to develop investment taking into account climate change impacts and mitigation opportunities. It also promotes investment in "climate-smart" activities in farming and forestry through adapted land-use management.
Dates: 20/12/2016 - 19/12/2020 | Countries: Colombia
The objective of the PNESER was to support the efforts of the Nicaraguan government to reduce poverty by promoting access to an efficient and sustainable electricity service to an important portion of the population, thus generating the conditions to advance in the diversification of the energy matrix and the mitigation and adaptation to climate change.
The program supported 7 components:
1) Rural electrification through grid extension;
2) Normalization of electricity service in human settlements;
3) Electricity expansion in isolated areas through renewable energy;
4) Pre-investment for renewable energy projects;
5) Energy efficiency programs;
6) Strengthening of the transmission system in rural areas;
7) Sustainability of isolated systems under Empresa Nicaragüense de Electricidad (ENEL)'s responsibility.
Dates: 22/07/2016 - 21/02/2018 | Countries: Nicaragua
The Western Corridor is part of the main road network of Honduras and it is integrated into the International Mesoamerican Road Network. This corridor connects the second biggest city of the country, San Pedro Sula, in the north-western part of the country with the international border crossings with Guatemala and El Salvador, and with the Mayan ruins of Copán. The project comprises the rehabilitation, upgrading and road safety improvements of the Western Corridor.
Dates: 23/12/2015 - 09/01/2023 | Countries: Honduras
Dates: 17/12/2015 - 16/12/2026 | Countries: -Regional Latin America-, Bolivia, Chile, Colombia, Ecuador, El Salvador, Honduras, Nicaragua, Peru
Dates: 09/12/2015 - 08/12/2019 | Countries: -Regional Latin America-, Brazil, Ecuador, Panama, Peru
Entrepreneurial Development and promotion of micro, small and medium sized enterprises in Central America (DINAMICA I)
DINAMICA focuses on promoting entrepreneurial and private sector development for employment and income generation in order to contribute to economic development and poverty reduction in Central America. More specifically, the project aims at:
- Promoting the entrepreneurial environment in order to facilitate the creation of new and innovative enterprises;
- Supporting financial sector development in order to provide adequate access to finance for MSMEs.
Dates: 22/09/2015 - 21/09/2019 | Countries: -Regional Central America-, Costa Rica, El Salvador, Honduras, Nicaragua
Dates: 30/12/2014 - 30/06/2019 | Countries: Bolivia
The overall objective of the project is to improve the competitiveness of the productive sector and the livelihoods of the Paraguayan population, through greater security of supply and efficient use of the available sources of renewable electricity. This includes access to affordable electricity for the lowest-income segment of the population.
The project involves the construction of a 500 kV, 363 km-long high-voltage transmission line linking the Yacyretá hydroelectric plant with the capital, Asunción, and the reduction of energy losses by replacing electro-mechanical meters that are defective, burnt, or do not measure correctly and by providing informal settlements, social tariff beneficiaries and low-income residential customers with electronic meters and connections.
Dates: 12/12/2014 - 11/12/2020 | Countries: Paraguay
Dates: 25/06/2014 - 24/06/2018 | Countries: Mexico
Dates: 29/04/2014 - 28/12/2018 | Countries: -Regional Latin America-, Colombia, Ecuador, Panama, Peru
Dates: 27/12/2013 - 26/12/2019 | Countries: Chile
Dates: 20/12/2013 - 10/09/2021 | Countries: Mexico
Promoting investment in climate change adaptation and integrated water resources management for the water sector in Latin America in the framework of the Spanish Cooperation Fund for Water and Sanitation (FCAS)
The LAIF contribution aims to improve water and sewerage infrastructures and contribute to reducing the risk of diseases caused by deficient water management in the Latin American region through the development of various projects. These are grouped into two components: Component I, projects for adaptation to climate change (ACC) and Component II, projects for the integrated management of water resources.
The projects include the reinforcement of capacities associated with the programs; studies developed in the pre-investment phase to identify new investments in new actions; review of regulations and the development of methodologies, tools and manuals, which in turn will have an impact on future investments.
Dates: 19/12/2013 - 31/12/2019 | Countries: -Regional Latin America-, Argentina, Bolivia, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Honduras, Nicaragua, Paraguay, Peru
Expansion and improvement of water supply, sewage, waste water treatment and reuse systems in Lima Metropolitan area
Dates: 18/12/2013 - 17/12/2017 | Countries: Peru
Dates: 16/10/2013 - 15/04/2019 | Countries: Colombia
The project aimed to modernize and extend the high and medium voltage network of the Power Distribution Company of Rio Grande do Sul (CEEE-D) in order to provide a quality and reliable power distribution service and to improve the managerial capacities of CEEE-D through the upgrading of their information, financial and control systems.
The project had 5 components: 1. Investments in the high voltage power distribution system; 2. Renewal of high voltage distribution equipment and modernization of the control system; 3. Upgrade of the information and control system; 4. TA for the implementation of the Enterprise Resource Planning and of the New Commercial Management System; 5. Enhanced financial steering of investments.
Dates: 30/09/2013 - 31/10/2017 | Countries: Brazil
Dates: 10/09/2013 - 31/10/2017 | Countries: Colombia
Dates: 21/12/2012 - 20/12/2020 | Countries: Nicaragua
Dates: 21/12/2012 - 31/12/2019 | Countries: -Regional Latin America-, Brazil, Ecuador, Uruguay
Dates: 27/04/2012 - 30/10/2016 | Countries: -Regional Latin America-, Colombia, Ecuador, Mexico
Dates: 29/12/2011 - 30/06/2017 | Countries: El Salvador
Dates: 10/10/2011 - 04/09/2017 | Countries: -Regional Latin America-, Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Honduras, Paraguay, Peru
The objective of the project was to meet the growing demand for electricity among the population (estimated at approximately 5% per year) through increased generation of renewable energy. In particular, the project focused on the construction of a second powerhouse, installation of turbines using the existing dam and reservoir, a new access channel to the reservoir, a new water intake and two forced pipelines. The new installation made it possible to use the excess water that currently overflows from the spillway in the rainy months to generate energy.
Dates: 30/09/2011 - 28/01/2019 | Countries: El Salvador
Dates: 16/03/2011 - 15/03/2019 | Countries: -Regional Latin America-, Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Mexico, Paraguay, Peru
Linking REDD+ mechanism with local implementation, the forest component of the Special Climate Change Programme of Mexico (PECC)
The project aimed at strengthening technical and institutional capacity to respond to climate change at a local level; reducing pressure on watershed forests through the promotion of sustainable development, including the reconversion of productive and agricultural activities and community forestry; and developing and implementing a mechanism for access to international carbon finance (REDD+), in line with the national strategy, in two poor Mexican regions.
The project was successfully completed and contributed to the creation and development of six inter-municipal associations to promote and finance sustainable rural development, tackling deforestation and improving water resources management (REDD+ actions with climate change impact).
Dates: 20/12/2010 - 31/12/2015 | Countries: Mexico
The overall objective of the Energy Efficiency and Renewable Energy Program for SMEs in Central America was to contribute to the protection of the climate and the environment. The Program aimed at providing efficient and sustainable access to financing products for environmental investments which correspond to the needs of SMEs in Central America. The Program had two main components:
1) Financing of environmental investments – Provision of funds by the Program Executing Agency to local financial institutions that channel resources to SMEs for energy efficiency (EE) and renewable energy projects.
2) Technical Assistance, studies and promotional activities – Including technical assistance for financial institutions, energy audits of SMEs and feasibility studies of small renewable energy projects; information material and promotional events.
Dates: 05/11/2010 - 31/12/2018 | Countries: -Regional Central America-, Costa Rica, Honduras, Nicaragua