LAIF Projects

The National Sustainable Urban Transport Project aims to improve sustainable urban mobility by supporting the reform of public urban transport in Peru's main cities. The LAIF contribution cofinances the TA component to support central and local governments and to develop a pipeline of feasible and bankable projects.

Sector: Transport    |   Total budget: € 463 100 000.00    |   LAIF contribution: € 5 800 000.00
Dates: 03/03/2019 - 02/03/2024    |   Countries: Peru

This project aims at supporting the identification and financing of the best possible investments in agriculture, livestock breeding and agro-forestry and at underpinning their implementation in order to promote sustainable practices based on agro-ecology principles while mainstreaming climate change mitigation and adaptation into the agriculture and livestock sectors. 

Specific objectives of the project are: 
a) To extend agro-ecological and agro-silvo-pastoral technologies, tackle environmental and social (E&S) risks and bring institutional support to the main stakeholders of the PRODEGAN project (cooperatives, agro-industries, decentralised service providers, local authorities, producers associations, research institutions) in Camaguey, 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 co-products through the valorisation of the invasive marabú tree; 
c) To develop Environment and Social Governance and a green portfolio into BANDEC, the main financing institution in the local agricultural sector.

Sector: Sustainable agriculture    |   Total budget: € 89 000 000.00    |   LAIF contribution: € 7 821 000.00
Dates: 04/01/2019 - 03/01/2024    |   Countries: Cuba
The DINAMICA II lnitiative follows a comprehensive approach to promote entrepreneurship, MSME and innovation in Central America. DINAMICA II provides innovation and extension of the first DINAMICA lnitiative as it includes for the first time Seed Risk Capital Financing; a vital tool for promoting new and innovative startups. Additionally, this extention includes a continuation of the lnitiative's technical assistance. 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, consolidate and grow. By doing this, the new component contributes to developing entrepreneurship and innovation and is therefore an ideal complement to the lnitiative's current components.
Sector: Sustainable agriculture    |   Total budget: € 74 940 000.00    |   LAIF contribution: € 12 350 000.00
Dates: 20/12/2018 - 19/12/2025    |   Countries: -Regional Central America-

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.
This lnitiative represents a continuation of the "Energy Efficiency and Renewable Energy programme for SME in Central America". The mentioned Program has been successfully implemented and the achievements and lessons learnt constitute the basis for this Initiative.
Sector: Support to SMEs    |   Total budget: € 62 100 000.00    |   LAIF contribution: € 14 380 000.00
Dates: 17/12/2018 - 14/02/2034    |   Countries: -Regional Central America-

Argentina and Brazil, Bolivia, Paraguay and Uruguay are shareholders of Fonplata, a regional multilateral financial institution established to support inclusive development within the geographical boundaries of the River Plata Basin and surrounding regions.  
The project has the objective of supporting multi-sector projects with a focus on climate mitigation and adaptation, in sectors such as basic services provision in rural and urban areas, urban renewal and development and improvement of climate change resilience in the Basin. Schemes of small size, with a focus on social deprivation and climate resilience will be targeted.
LAIF contributes with TA  to support Fonplata in improving its policies and procedures in areas that were identified during due diligence. The main focus of this support would be to upgrade environmental and social safeguards in line with EU standards, among other areas.

Sector: Rural development    |   Total budget: € 102 390 000.00    |   LAIF contribution: € 2 390 000.00
Dates: 10/12/2018 - 09/12/2023    |   Countries: -Regional Latin America-, Argentina, Bolivia, Brazil
The project concerns the new construction, extension, rehabilitation and equipment of 21 Technical and Technological Institutes (TTIs), classified at the post-secondary level of education. It is part of a national educational reform programme aimed at introducing and enlarging the dual system of vocational, technical and professional education in Ecuador. This dual system is based on modules of formal instruction in classrooms combined with training on the job through apprenticeships with private companies. 
Sector: Education    |   Total budget: € 191 400 000    |   LAIF contribution: € 11 577 000
Dates: 16/11/2018 - 15/11/2023    |   Countries: Ecuador

This is regarded as a pilot operation of European collaboration 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 dialogue with 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 would 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 PDET (Programmas de Desarrollo con Enfoque Territorial). This operation will support FINDETER to focus on the municipalities thereby identified.

Sector: Rural development    |   Total budget: € 125 000 000.00    |   LAIF contribution: € 10 340 000.00
Dates: 15/11/2018 - 14/11/2023    |   Countries: Colombia
The aim of the Facility is to establish a strategic partnership between the European Commission (EC), AECID and other LAIF assessed Financial Institutions in which the EC resources could be channeled for the identification and design of projects that increase the sustainability and resicience of cities in Latin America. The Strategic Facility will finance  project identification activities and the different steps for  the design of comprehensive investment projects, capacity building and knowledge management, leading to  bankable projects.
Sector: Urban development    |   Total budget: € 142 500 000.00    |   LAIF contribution: € 5 200 000.00
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.

Sector: Waste Management    |   Total budget: € 87 750 000.00    |   LAIF contribution: € 11 700 000.00
Dates: 28/12/2017 - 27/12/2023    |   Countries: Argentina

This project aims at expanding and improving the access to water and sanitation services for the target population of more than 200,000 as well as enhancing the sector governance in Bolivia. Furthermore, the Integrated Water Resources Management (IWRM) at the national policy level will be strenghthened, reducing the impact of climate change on the poorest segments of Bolivian society.

Sector: Water supply & sanitation    |   Total budget: € 125 555 556.00    |   LAIF contribution: € 15 500 000.00
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 sub-region 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 total population, respectively, compared to 25.8% and 5.7% at the national level.
Sector: Reconstruction Relief & Rehabilitation    |   Total budget: € 163 000 000    |   LAIF contribution: € 7 280 000
Dates: 18/12/2017 - 18/12/2023    |   Countries: Ecuador
This programme aims at financing priority wastewater projects in selected cities in Costa Rica. LAIF contributes with preparatory studies that will close a significant information gap and will allow investments in improved wastewater infrastructure to proceed. The objective is to improve the environmental conditions and to create positive impacts in public health.
Sector: Water supply & sanitation    |   Total budget: € 121 320 000.00    |   LAIF contribution: € 3 670 000.00
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 the field of environmental, social, gender or climate issues.  The projects will be those that are 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 underlying projects will have an expected positive  contribution to the country’s adaptation to climate change or to the reduction of GHG emissions.
Sector: Sustainable agriculture    |   Total budget: € 3 150 000.00    |   LAIF contribution: € 3 150 000.00
Dates: 07/06/2017 - 06/06/2021    |   Countries: Cuba

The 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 impacts.  In providing financing to the fund’s target group for investing in activities that conserve nature and foster biodiversity, the 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 Development Facility.

Sector: Support to SMEs    |   Total budget: € 295 550 000.00    |   LAIF contribution: € 16 410 000.00
Dates: 29/12/2016 - 28/12/2020    |   Countries: -Regional Latin America-, Colombia, Costa Rica, Ecuador, Honduras, Nicaragua, Peru
The project will improve the income of small and medium producers through the promotion of production based on the rational and climate-smart use and management of natural resources, especially efficient irrigation.  National capacities will be strengthened in the design and management of parcel irrigation systems, through the training of experts and irrigation professionals who will contribute to the improvement and modernization of agricultural production systems, the efficient management of irrigation water, improved access to markets and the resilience of Ecuadorian territories to climate change. 
Sector: Sustainable agriculture    |   Total budget: € 126 938 773.00    |   LAIF contribution: € 8 408 773.00
Dates: 28/12/2016 - 27/12/2021    |   Countries: Ecuador
Formation of a Program Management Unit (UGP) that will be responsible for defining the pre-investment studies, implementation, monitoring and evaluation of the Programme. LAIF contribution supports the Prosaneamiento program, included in the "Programa de Asistencia Técnica para Gestión de Servicios" (PATGES) that aims to strengthen the management capacity of municipal autonomous governments - Gobiernos Autónomos de Distrito (GADs) and its companies.
Sector: Water supply & sanitation    |   Total budget: € 123 200 000.00    |   LAIF contribution: € 10 300 000.00
Dates: 23/12/2016 - 30/04/2022    |   Countries: Ecuador

This Oruro project is Bolivia’s first large-scale photovoltaic project. It involved 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 favourable sun radiation conditions in this area mean that it is ideally suited for solar power generation. 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.

Sector: Sustainable energy    |   Total budget: € 89 350 000.00    |   LAIF contribution: € 11 850 000.00
Dates: 22/12/2016 - 08/06/2022    |   Countries: Bolivia

The Project assists the Government of Colombia to perform a 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 largely 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 Meta and Vichada in the formulation and development of their planning instruments to develop  investment taking into account climate change impacts and mitigation opportunities, and promotes investment in  "climate-smart" activities in farming and forestry in the Departments of Meta and Vichada through adapted land-use management.    

Sector: Rural development    |   Total budget: € 182 000 000.00    |   LAIF contribution: € 7 340 000.00
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 programme 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.

Sector: Sustainable energy    |   Total budget: € 308 800 000.00    |   LAIF contribution: € 7 200 000.00
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. 
Sector: Transport    |   Total budget: € 159 400 000.00    |   LAIF contribution: € 10 350 000.00
Dates: 23/12/2015 - 09/01/2023    |   Countries: Honduras
The Geothermal Development Facility for Latin America aims at overcoming existing barriers to the development of geothermal energy by providing: (i) a tailored Geothermal Risk Mitigation Fund in order to mitigate geothermal resource risk during the exploratory drilling stage of the project; (ii) Geothermal Investment Financing Windows to deliver anchor financing for subsequent investments during the production drilling and construction stages; and (iii) a Technical Assistance Forum in order to offer a suitable venue for Policy Dialogue between donors and partner governments. 
Sector: Sustainable energy    |   Total budget: € 1 094 000 000.00    |   LAIF contribution: € 20 500 000.00
Dates: 17/12/2015 - 16/12/2026    |   Countries: -Regional Latin America-, Bolivia, Chile, Colombia, Ecuador, El Salvador, Honduras, Nicaragua, Peru
LAIF's action is embeded in the programme "Cities with a Future" launched by CAF to accompany  policies for a sustainable urban in Latin America development as well as to promote an integrated vision of urban development and a multi-sectorial approach to better answer the challenges faced by local governments. The Programme allows structuring a dialogue with the cities in four main dimensions: inclusive urban development, productive transformation, environmental sustainability and institutional strengthening and security. In the framework of the Programme, the first implementation step includes TA (diagnosis and priorities) financed with a grant, which leads to a second step of investment.  The program has two components: a credit facility and technical assistance.
Sector: Urban development    |   Total budget: € 104 870 000.00    |   LAIF contribution: € 4 368 000.00
Dates: 09/12/2015 - 08/12/2019    |   Countries: Brazil, Ecuador, Panama, Peru
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 
Sector: Support to SMEs    |   Total budget: € 54 200 000.00    |   LAIF contribution: € 3 952 000.00
Dates: 22/09/2015 - 21/09/2019    |   Countries: -Regional Central America-, Costa Rica, El Salvador, Honduras, Nicaragua
This project connects several communities of the Department of Potosí with the rest of the country through the construction of a 188.3 km section of a single carriageway road, improving the living conditions of local communities, unlocking large and remote areas and spurring economic development through trade (particularly of agricultural products), improving and enhancing access to markets and the mobility of people as well as boosting tourism. Likewise, the project contributes to regional integration by improving access to neighbouring countries (Chile, Argentina, Paraguay), looking forward to increasing Bolivian exports to these countries and further develop the local tourism sector.
Sector: Transport    |   Total budget: € 118 802 822.00    |   LAIF contribution: € 8 145 000.00
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 livelihood of the Paraguayan population through greater security of supply and efficient use of available renewable electricity production and access to affordable electricity supply for the lowest income segment of the population.

The project will comprise the Construction of a 500 kV 363 km long high-voltage transmission line linking the Yacyretá hydroelectric plant and 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.

Sector: Sustainable energy    |   Total budget: € 222 967 000.00    |   LAIF contribution: € 10 200 000
Dates: 12/12/2014 - 11/12/2020    |   Countries: Paraguay
The project sought sustainable investments and practises in agriculture, fisheries and forestry sectors, which contributed to improve the quality of life of rural people especially in poor regions and to optimise the use of natural resources while mainstreaming climate change mitigation and adaptation in the sector. The project supported a public agriculture development bank, FIRA, with financing, investment grants and technical assistance to provide concessional loans for pilot green rural investments as well as a long-term financing in the field of mitigation and adaptation of climate change in rural activities.
Sector: Sustainable agriculture    |   Total budget: € 100 000 000.00    |   LAIF contribution: € 5 200 000.00
Dates: 25/06/2014 - 24/06/2018    |   Countries: Mexico
The vision of this programme was the enhancement of public investment in large cities in Latin America, energy efficient and clean technology mass transportation systems, to meet growing transportation demand – especially of the poorer segments of the population – while contributing to mitigating environmental impact. LAIF contribution was to provide the funds to prepare pre-financing studies or to complement existing studies, to facilitate investment for the improvement of urban transportation systems. 
Sector: Transport    |   Total budget: € 649 000 000.00    |   LAIF contribution: € 3 150 000.00
Dates: 29/04/2014 - 28/12/2018    |   Countries: -Regional Latin America-, Colombia, Ecuador, Mexico, Peru
This project has the objective of providing support to the Government of Chile in its transformation towards a low carbon energy sector, which involves decoupling economic growth from GHG emissions. The Program's activities comprise the financing and complementary technical assistance of solar CSP as well as large-scale PV projects in Chile. One specific component of the Programme is to enable the construction of the first CSP power plant in South America with a targeted capacity of at least 50MW.
Sector: Sustainable energy    |   Total budget: € 350 000 000.00    |   LAIF contribution: € 15 300 000.00
Dates: 27/12/2013 - 26/12/2019    |   Countries: Chile
The Programme consisted of a package of financial incentives and technical assistance to support housing developers with the design and implementation of low carbon houses. The financing contract for the EU-LAIF contribution to the EcoCasa Programme with a volume of EUR 7 million in grants was signed by Sociedad Hipotecaria Federal (SHF) and KfW in September 2013. These funds were used to provide investment grants and technical assistance for the construction of more than 652 Passive Houses.
Sector: Sustainable energy    |   Total budget: € 168 250 000.00    |   LAIF contribution: € 7 220 000.00
Dates: 20/12/2013 - 10/09/2021    |   Countries: Mexico

The LAIF contribution aims to improve water and sewerage infrastructures and contribute to reduce the risks of diseases caused by 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 (GIRH). 

The projects consist of 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.

Sector: Water supply & sanitation    |   Total budget: € 615 000 000.00    |   LAIF contribution: € 15 300 000.00
Dates: 19/12/2013 - 31/12/2019    |   Countries: -Regional Latin America-, Argentina, Bolivia, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Honduras, Nicaragua, Paraguay, Peru
The project aimed to improve public health as well as the environment and water resource situation in the Lima Metropolitan area by extending the water and sewerage systems to the new urban settlements in the north of Lima as well as the waste-water treatment, while setting an example of efficient reutilization of treated waste-water for urban irregation in the service area of SEDAPAL, Lima´s water utility.   
Sector: Water supply & sanitation    |   Total budget: € 136 595 000.00    |   LAIF contribution: € 3 150 000.00
Dates: 18/12/2013 - 17/12/2017    |   Countries: Peru
The Project supported the development of the National Policy for the Integrated Management of Water Resources, especially by monitoring the implementation of its 'Hydrological Plan for the 2014 horizon' and by means of a favourable financing framework for investments in the water sector. The objective was also to contribute to the protection of the environment (improvement of the quality of water resources) and to improve the availability of water supply for the population, which will reduce conflicts related to water among the local population.
Sector: Water supply & sanitation    |   Total budget: € 83 000 000.00    |   LAIF contribution: € 4 650 000.00
Dates: 16/10/2013 - 15/04/2019    |   Countries: Colombia

The project aim was to modernise 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 modernisation 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 modernisation of the control system; 3. Upgrade of information and control system; 4. TA for the implementation of the Enterprise Resource Planning and of New Commercial Management System; 5. Enhanced financial steering of investment.

Sector: Sustainable energy    |   Total budget: € 170 000 000.00    |   LAIF contribution: € 1 650 000.00
Dates: 30/09/2013 - 31/10/2017    |   Countries: Brazil
This LAIF action supported FINDETER in its mandate to contribute to the implementation of sustainable public policies and of the 2010-2014 Colombian National Development Plan, which includes support for the development of sustainable urban areas. The LAIF Action will foster and enhance investments in Colombian urban areas, working from a local perspective to achieve sustainability in the regions. 
Sector: Urban development    |   Total budget: € 159 000 000.00    |   LAIF contribution: € 5 200 000.00
Dates: 10/09/2013 - 31/10/2017    |   Countries: Colombia
The Project is the first phase of the PROGRAMA VIDA (LIFE PROGRAMME)  in urban areas. The project will enhance the effective management of water resources and will provide  capacity building to Empresa Nicaragüense de Acueductos y Alcantarillados Sanitarios (ENACAL) in its investment programme. The LAIF facility will be used to fund the construction works in the cities of Santo Tomás, Acoyapa, Bilwi and Bluefields, complementing AECID funds in the coverage of water and sanitation needs of these cities.
Sector: Water supply & sanitation    |   Total budget: € 252 300 000.00    |   LAIF contribution: € 50 750 000.00
Dates: 21/12/2012 - 20/12/2020    |   Countries: Nicaragua
The objective of the project is to facilitate and improve public and private investments in water and sanitation infrastructure, thus contributing to a higher coverage of regional infrastructure demand through environmental and / or climate relevant solutions. The aim is to carry out complementary studies (e.g. preparation of project profiles, knowledge management, training), support the creation of new and innovative companies and strengthen the financial sector at the service of MSME.
Sector: Water supply & sanitation    |   Total budget: € 196 000 000.00    |   LAIF contribution: € 4 160 000.00
Dates: 21/12/2012 - 31/12/2019    |   Countries: -Regional Latin America-, Brazil, Ecuador
This was an initiative to support a sustainable and climate friendly development and transformation of defined sectors in Latin America through the implementation of performance based greenhouse gas mitigation activities. The PBC Facility aimed at implementing pilot schemes that lead to monitored and verified C02e emission reductions and contribute to the overall objective of limiting global warming; designing innovative incentive schemes for sector reform which are linked to achieved emission reductions (performance based approach); supporting development of showcases for the definition of sector/sub-sector baselines and implementation of robust MRV (monitoring/ reporting/verification) systems; supporting the creation of suitable institutional set-ups for the implementation of performance based sectoral approaches and building the capacities needed within participating institutions for the implementation of mitigation activities.
Sector: General environmental protection    |   Total budget: € 90 000 000.00    |   LAIF contribution: € 10 280 000.00
Dates: 27/04/2012 - 30/10/2016    |   Countries: -Regional Latin America-, Colombia, Ecuador, Mexico
The overall objective of the project was to improve rural road infrastructure in El Salvador, to enable continuous traffic, giving priority to those areas that have potential for productive development in order to reverse the conditions that affect rural poverty and low economic activity in those areas. The project aimed to strengthen the institutional capabilities of rural road management. 
Sector: Transport    |   Total budget: € 45 500 000.00    |   LAIF contribution: € 4 160 000.00
Dates: 29/12/2011 - 30/06/2017    |   Countries: El Salvador
This program aimed at improving knowledge on the issues of urban development and transport in the region, by identifying new sources of financing for public transport projects (public-private partnerships, land valuation, etc.), by identifying the regulatory obstacles to innovative transport projects and the solutions to overcome these difficulties, by highlighting the potential of local communities to carry out this type of project, and by making it possible to define the technical and financial contours of specific projects in targeted cities (master plans and pre-feasibility studies), thus  promoting the emergence and implementation of public transport projects in the region. 
Sector: Transport    |   Total budget: € 403 000 000.00    |   LAIF contribution: € 3 000 000.00
Dates: 10/10/2011 - 04/09/2017    |   Countries: -Regional Latin America-, Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Honduras, Mexico, Paraguay, Peru

The objective of the project was to satisfy 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 machine house, installation of turbines using the existing dam and reservoir, a new access channel to the reservoir, a new water inlet and two forced pipes. The new installation made it possible to use the excess water that currently overflows from the spillway in the rainy months to generate energy.

Sector: Sustainable energy    |   Total budget: € 132 400 000.00    |   LAIF contribution: € 6 200 000.00
Dates: 30/09/2011 - 28/01/2019    |   Countries: El Salvador
This project corresponded to a second credit line (“Climate Change Programme II”) negotiated by KfW with CAF to finance investments in renewable energy and environmental protection projects in Latin America. To complement the investment funding, the EU granted technical assistance funds through LAIF to carry out studies that foster innovative technologies and projects in the sector with the aim of converting them into potential investment projects for CAF. These studies included feasibility studies and renewable energy potential assessments for Latin American countries, among other climate change projects and initiatives.
Sector: General environmental protection    |   Total budget: € 303 000 000.00    |   LAIF contribution: € 3 000 000.00
Dates: 16/03/2011 - 15/03/2019    |   Countries: -Regional Latin America-, Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Mexico, Paraguay, Peru
The project aimed at strengthening technical and institutional capacity to respond at a local level to the fight against climate change; at 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 contributed to the creation and development of six inter-municipality associations to promote and finance sustainable rural development tackling deforestation and improving water resources management (REDD+ actions with climate change impact). The project is successfully completed.
Sector: Sustainable agriculture    |   Total budget: € 337 000 000    |   LAIF contribution: € 2 140 000
Dates: 20/12/2010 - 31/12/2015    |   Countries: Mexico

The overall objective of the Energy Efficiency and Renewable Energy programme for SME in Central America was to contribute to the protection of the climate and the environment. The Programme aimed at creating an efficient and sustainable access to financing products for environmental investments which correspond to the necessities of the SME in Central America. The Programme had two main Components:

1) Financing of environmental investments - It consisted of the provision of funds by the Programme Executing Agency to local FI that will channel resources to SME for energy efficiency (EE) and renewable energy (RE) projects.  

2) Technical Assistance (TA)/ studies/ promotional activities - It included TA for FI, energy-audits of SME and feasibility-studies of small renewable energy projects, and information material and promotion events

Sector: Sustainable energy    |   Total budget: € 36 330 000.00    |   LAIF contribution: € 3 000 000.00
Dates: 05/11/2010 - 31/12/2018    |   Countries: -Regional Central America-, Costa Rica, Honduras, Nicaragua