Projects

This project aims to set up a Regional Fund to provide Central American Integration System (SICA) countries with funds to run projects that both address and prevent natural disasters.

This is done in a context of the region’s vulnerability to climate change. To that end, the EU is putting together € 4 925 000 (out of € 1 705 495 000 as total investment with lead partner CABEI) towards the setup of a Regional Fund. These investments contribute to the mitigation of the impact by extreme events, while improving capacity to deal with climate change. For these reasons, the Fund serves as a catalyst to ensure focused action is maintained at national and international levels.

More specifically, the Fund aims to help build SICA countries’ capacities in the development of viable climate change projects by providing technical assistance for project preparation. It does so by facilitating:

• Climate risk assessment and studies for the development of disaster warnin...

LACIF supports AECID and IDB in the achievement of the objective of this project, which is to achieve socio-economic development of the rural population of Panama by expanding access to sustainable energy and strengthening the planning and managerial capacities of the Office of Rural Electrification (OER), which structures, reviews, implements and supervises rural electrification projects in the country. 

The project invests in photovoltaic installations and mini-grids connection and benefits homes, schools, health centers, public spaces and microbusinesses in the indigenous region of Ngäbe Buglé, the one with the least energy coverage in the country (4%) and where 28,000 homes still do not have access to it. 

This initiative gives particular relevance to the empowerment of women and includes a school for women leaders and training activities in the productive use of energy and social entrepreneurship.  

The Seed Capital Risk Financing component for the Dinamica initiative 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. 

The project, implemented by KfW and CABEI, provides vital start capital as contingent grants which is complemented by technical assistance for capacity building to Financial Intermediaries and MSMEs. 

By doing this, the component contributes to developing entrepreneurship and innovation and is therefore an ideal complement to the DINAMICA I initiative. The project promotes equitable socio-economic development and stimulates employment in the private sector. 

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. The project is led by KfW and managed by Finance in Motion.

The vision of this program was the enhancement of public investment in energy-efficient and clean technology mass transportation systems in large Latin American cities, to meet the growing demand for public transportation  — especially of the most vulnerable population — while helping to mitigate its environmental impact. LACIF, together with KfW and CAF, provided funds to prepare pre-financing studies, to complement existing studies and to facilitate investment for the improvement of urban transportation systems.