A new technical assistance facility for the Caribbean Sustainable Water Management and Clean Oceans programme was launched in October. The facility, which is funded by an €8.5 million grant from the Caribbean Investment Facility (CIF) will provide specialist technical support
LAGreen is supported by an EU LAIF contribution of €16,050,000 and its expected investment size amounts to over €450 million. The Fund has already invested in Costa Rica, Mexico, Ecuador and Peru as well and the Technical Assistance Facility funded by the EU has approved 17 projects in 13 countries, including training sessions on green bonds for the financial sector, support to new issuers to prepare green bonds and post issuance support.
Through the signing of two agreements, it is expected to strengthen 183 direct and indirect beneficiaries, increasing their capabilities in the circular economy, as well as accelerating their businesses.
The DINAMICA II Initiative is a tripartite effort with the aim of improving business services and strengthening the technical capabilities of MSMEs in El Salvador. Technical Assistance agreements total US$194,900.