Project Preparation Facility in Cuba

Sustainable agriculture
Cuba
COUNTRIES
Cuba
DATES
07/06/2017 - 06/06/2021
TOTAL BUDGET
€ 3 150 000
TOTAL LAIF CONTRIBUTION
€ 3 150 000
SECTOR
Sustainable agriculture
TYPES OF SUPPORT
Technical Assistance
CITIES / PROVINCES
National level
PROJECT FICHE:
DESCRIPTION

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.

RESULTS
The facility will finance the different steps leading to the design of comprehensive investment projects, providing the information necessary for preparing and designing future investment projects to be financed by the French Development Agency (AFD) and possibly other IFIs, and enhancing the capacities of the Cuban entities in charge of designing, supervising or implementing the project. AFD expects to finance up to twenty studies or actions over a period of 3 to 4 years. 
LEAD FINANCING PARTNER
CO-FINANCING PARTNERS
CONTRIBUTION TO SUSTAINABLE DEVELOPMENT GOALS
CRIS REFERENCE
DCI-LA:2017-385-149