Projects

The programme aims to improve public urban transport and non-motorised systems (walking and cycling) in Latin America´s main cities helping each country achieve its Nationally Determined Contributions (NDCs) to the Paris Agreement commitments, lowering Greenhouse Gas emissions and mitigating climate change impacts.

By providing a clear linkage between investment, project development and NDC targets, the programme creates a working pipeline of projects, which leads to more effective and sustainable efforts in the development of a portfolio of sustainable transport projects.

The programme, implemented by KfW and co-implemented by CAF, also fosters a regional dialogue forum to improve relevance and implementation of the international policy framework. This allows for knowledge exchange between the countries and increases visibility and adherence to the Paris Agreement commitments.

Sector: Transport    |   Projected total investment size: € 604 280 000    |   EU contribution: € 4 280 000
Dates: Dec/2022 - Dec/2027    |   Status: ONGOING    |   Countries: Argentina, Bolivia, Brazil, Colombia, Ecuador, Mexico, Panama

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 had 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. The target of this EIB-led initiative were small-sized projects with a focus on social deprivation and climate resilience.

LACIF contributed with technical assistance to support Fonplata in improving its policies and procedures in areas identified as priorities. The main focus of this support was to upgrade environmental and social safeguards in line with EU standards.

Sector: Rural development    |   Projected total investment size: € 107 945 739    |   EU contribution: € 2 390 000
Dates: Dec/2018 - Dec/2024    |   Status: ONGOING    |   Countries: Argentina, Bolivia, Brazil, Paraguay, Uruguay

LACIF and EIB support 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    |   Projected total investment size: € 88 100 000    |   EU contribution: € 11 700 000
Dates: Dec/2017 - Jun/2025    |   Status: ONGOING    |   Countries: Argentina

LACIF's action was embedded in the "Cities with a Future" program, launched by CAF with the suport of AFD, to accompany policies for sustainable urban development in Latin America and to promote an integrated, multi-sectoral approach to urban development in order to better answer the challenges faced by local governments. The Program helped structure a dialogue with the cities on four main issues: inclusive urban development, productive transformation, environmental sustainability and institutional strengthening and security. In the framework of the Program, the first step towards implementation included technical assistance (diagnosis and priorities) financed through a grant, leading to investments as a second step. The action had two components: a credit facility and technical assistance.

Sector: Urban development    |   Projected total investment size: € 104 868 000    |   EU contribution: € 4 368 000
Dates: Dec/2015 - Sep/2023    |   Status: COMPLETED    |   Countries: Argentina, Bolivia, Brazil, Colombia, Ecuador, Peru

The LACIF contribution to this AECID-led initiative 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 have an impact on future investments.

Sector: Water supply & sanitation    |   Projected total investment size: € 883 300 000    |   EU contribution: € 15 300 000
Dates: Dec/2013 - Jun/2024    |   Status: ONGOING    |   Countries: Argentina, Bolivia, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay, Venezuela

LACIF supported AFD and CAF in this program whose goal 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    |   Projected total investment size: € 403 000 000    |   EU contribution: € 3 000 000
Dates: Oct/2011 - Apr/2017    |   Status: COMPLETED    |   Countries: Argentina, Bolivia, Chile, Colombia, Costa Rica, Ecuador, Mexico, Paraguay, Peru, Uruguay

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.

Sector: General Environment Protection    |   Projected total investment size: € 452 915 000    |   EU contribution: € 3 000 000
Dates: Mar/2011 - Feb/2021    |   Status: COMPLETED    |   Countries: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, Mexico, Paraguay, Peru, Uruguay