Climate Change Programme in Latin America | LAIF - Latin America Investment Facility

General Environment Protection

COUNTRIES

Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, Mexico, Paraguay, Peru, Uruguay

DATES

Mar/2011 - Feb/2021 COMPLETED

PROJECTED TOTAL INVESTMENT SIZE

€ 452 915 000

EU CONTRIBUTION

€ 3 000 000

SECTOR

General Environment Protection

TYPES OF SUPPORT

Technical Assistance

DESCRIPTION

This program was aimed at financing investments in renewable energy and environmental protection projects in Latin America. To complement the investment funding of KfW, the EU granted technical assistance funds through LACIF to carry out studies that fostered innovative technologies and projects in the sector with the aim of converting them into potential investment projects for CAF. These included feasibility studies and renewable energy potential assessments for Latin American countries, among other climate change projects and initiatives.

RESULTS

The program contributed to mitigation and adaptation to climate change as well as protection of the environment in Latin America through 10 studies in the fields of electrical integration, “green” energies and climate-related issues, promoting environmentally focused infrastructure investments.

LEAD FINANCING PARTNER

CO-FINANCING PARTNERS

CONTRIBUTION TO SUSTAINABLE DEVELOPMENT GOALS