This Technical Cooperation (TC) aims to support Uruguay in the design of its first project (UR-L1177) under the IDB CLIMA Pilot Program. The IDB CLIMA Pilot Program aims to incentivize sector-driven investments that will help accelerate the access of sovereign borrowers to thematic green capital markets. To attain this goal, IDB CLIMA offers a grant to borrowers that successfully reach results through sectoral investments measured through Key Performance Indicators that: i) reduce development gaps while delivering impact in terms of biodiversity and climate; ii) strengthen the sector's capabilities to develop sectoral project pipelines that include climate and/or biodiversity considerations; and iii) strengthen sector-driven biodiversity and climate monitoring, reporting and verification systems to meet international climate, biodiversity and thematic green debt standards.
Project Detail
Country
Uruguay
Project Number
UR-T1310
Approval Date
-
Project Status
Preparation
Project Type
Technical Cooperation
Sector
ENVIRONMENT AND NATURAL DISASTERS
Subsector
CLIMATE CHANGE MITIGATION POLICY
Lending Instrument
-
Lending Instrument Code
-
Modality
-
Facility Type
-
Environmental Classification
-
Total Cost
USD 400,000.00
Country Counterpart Financing
-
Original Amount Approved
USD 400,000.00