Uruguay FCPF REDD Readiness Preparation (WB-P151978)

Regions
  • Latin America and Caribbean
Where the impacts of the investment may be experienced.
Countries
  • Uruguay
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
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.
Borrower
Government of Uruguay
The holder of the loan, grant, or other investment.
Sectors
  • Climate and Environment
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 6.47 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)
$ 6.47 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 @ WB website

Updated in EWS Nov 23, 2018

Disclosed by Bank Sep 3, 2015


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Project Description

According to bank documents, the Readiness Preparation Proposal (R-PP) prepared by the Government of Uruguay identifies the necessary activities to strengthen Uruguay's technical and institutional capacities to participate in a future REDD+ mechanism. The overall financial envelop needed for achieving REDD+ Readiness inUruguay has been estimated at US$ 6.47 million (as per the final version of the R-PP dated April 1st,2015), of which US$2.67 million are contribution from the Government. REDD+ is a new concept in Uruguay that aims to be inserted in land use decision making onwards. It is important to highlight that the FCPF support is limited to analytical studies, capacity building, and consultation processes at the national and sub-national levels and would not include any physical investment or the implementation of any REDD+ program on the ground.

Investment Description
  • World Bank (WB)
Contact Information

No contact information provided at the time of disclosure. 

ACCOUNTABILITY MECHANISM OF WORLD BANK

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