LAIF Projects

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.

Sector: Rural development    |   Total budget: € 102 390 000    |   LAIF contribution: € 2 390 000
Dates: 10/12/2018 - 09/12/2023    |   Countries: -Regional Latin America-, Argentina, Bolivia, Brazil, Paraguay, Uruguay

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: € 88 100 000    |   LAIF contribution: € 11 700 000
Dates: 28/12/2017 - 27/12/2023    |   Countries: Argentina

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.

Sector: Water supply & sanitation    |   Total budget: € 615 300 000    |   LAIF contribution: € 15 300 000
Dates: 19/12/2013 - 15/12/2020    |   Countries: -Regional Latin America-, Argentina, Bolivia, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Honduras, Nicaragua, Paraguay, Peru

The goal of this program was to increase knowledge of urban development and transport in the region, by identifying new sources of financing for public transport projects (public-private partnerships, land valuation, etc.); identifying the regulatory obstacles to innovative transport projects and the way to surmount them; highlighting the potential of local communities to carry out this type of projects; and making it possible to define the technical and financial contours of specific projects in targeted cities (master plans and prefeasibility studies), thus promoting the emergence and implementation of public transport projects in the region.

Sector: Transport    |   Total budget: € 403 000 000    |   LAIF contribution: € 3 000 000
Dates: 10/10/2011 - 04/09/2017    |   Countries: -Regional Latin America-, Argentina, Brazil, Bolivia, Chile, Colombia, Costa Rica, Honduras, Paraguay, Peru

This program is aimed at financing 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. They 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    |   LAIF contribution: € 3 000 000
Dates: 16/03/2011 - 15/03/2019    |   Countries: -Regional Latin America-, Argentina, Brazil, Bolivia, Chile, Colombia, Ecuador, Mexico, Paraguay, Peru, Uruguay