Green Climate Financing Facility for Local Financial Institutions in Latin-America (GCF-FP149)

Countries
  • Chile
  • Ecuador
  • Panama
  • Peru
Where the impacts of the investment may be experienced.
Financial Institutions
  • Green Climate Fund (GCF)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
B
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
Nov 12, 2020
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
Corporación Andina de Fomento (CAF)
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Climate and Environment
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant, Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 100.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 95.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Grant Amount (USD)
$ 5.00 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)
$ 150.20 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ GCF website

Updated in EWS Oct 21, 2020

Disclosed by Bank Oct 7, 2020


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Project Description

"The programme is designed to accelerate the development and volume of local climate change projects in Latin America to reduce greenhouse gas emissions, within the energy and land use sectors, by helping market actors overcome key barriers to creating viable projects. The document presents the Environmental and Social Management Framework for the programme".

Investment Description
  • Green Climate Fund (GCF)
Contact Information

CAF office branches:

Chile (Montevideo Office)
Ciudadela 1235 entre Reconquista y Camacuá, Montevideo

Ecuador
Av. 12 de Octubre N.24-562 y Cordero Edificio World Trade Center, Torre A, piso 13, Quito

Panama
Vía Boulevard Pacífica, P.H. Oceanía Business Plaza, Torre 2000, Piso 27, Ciudad de Panama

Peru
Avenida Enrique Canaval y Moreyra No 380 Edificio Torre Siglo XXI piso 13, San Isidro, Lima