Paraguay-Beef (IFC-601952)

Countries
  • Paraguay
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jan 26, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Paraguay
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 2.40 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 2.40 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Mar 5, 2018

Disclosed by Bank Feb 27, 2018


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Project Description

Component 1a) Support Paraguayan Beef Ranching Sustainable Principles Development IFC will support the development of sustainable beef ranching principles and criteria for Paraguay and test them in a variety of locations. IFC will also support the development of the appropriate monitoring/verification framework for the Paraguayan cattle ranching sector. Component 1b) Engagement with Banks & Regulator IFC will work with the local banking community through communicating progress on efforts to codify sustainable ranching practices and potential opportunities for investing in business models that increase productivity. Component 2a) - Support Client/s initial Risk Management system rollout Support client/s identify and map primary suppliers in their supply chain using data already collected but not yet linked to the clients risk management system. Component 2b) Develop and Test a Partnership model for client 1 in Paraguay IFC will work with the client/s in identifying potential services/linkages that the company could provide that could build into a partnership model suitable for Paraguay. Component 3) Innovation Technologies/Business Models IFC will support client/s that have expressed interest in identifying and testing technologies and management practices that would enable their members to improve productivity. Some examples of innovation include introducing new varieties of pastures into their current systems, other management systems such as rotational/cell grazing systems, and improving water/feed infrastructure.

People Affected By This Project

It is expected by the end of the project that Paraguay will have its first set of industry recognized practices/principles that stakeholders (civil society, ranchers, meat-packers, end-users) agree represent sustainable cattle ranching in Paraguay.

The clients will have tested a suitably adapted partnership model to roll-out in their Paraguayan businesses and a traceability system that allows them to assess supplier risk.

Business models for ranching intensification will be identified and tested in the Chaco and promoted to the ranching and the financial community in Paraguay.

Investment Description
  • International Finance Corporation (IFC)
Contact Information

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