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projectFP097

Productive Investment Initiative for Adaptation to Climate Change (CAMBio II)

69720
Beneficiaries Anticipated number of people with increased resilience

Impact

Adaptation
GCF results areas
  • Health, food and water security
  • Livelihoods of people and communities
  • Ecosystems and ecosystem services

Location & People

Region
  • Latin America and the Caribbean
Countries
  • Costa Rica CRI
  • Dominican Republic DOM
  • El Salvador SLV
  • Guatemala GTM
  • Honduras HND
  • Nicaragua NIC
  • Panama PAN
Beneficiaries (approx.) 69,720

Investment Data

  • Financing:
    • Public
    • Public / Private
    • Private
  • Project size:
    • Micro
    • Small
    • Medium
    • Large
  • E&S Risk category:
    • Category I1
    • Category I2
    • Category I3
Total project investment
GCF Financing
  • Instrument Loan USD
  • Instrument Grant USD
Co-Financing
  • Central American Bank for Economic Integration (CABEI) Loan USD

Project owners

Accredited Entity Executing Entity
  • Central American Bank for Economic Integration (CABEI)
Productive Investment Initiative for Adaptation to Climate Change (CAMBio II) Approved October 2018 Est. implementation period 5.0 years
Reducing obstacles for Micro-, Small- and Medium-sized Enterprises (MSMEs) to access credit and supporting the best available adaptation measures in seven Central American countries.

While agriculture, livestock and forestry are key sectors in Central American economies, they are highly sensitive to climate change. Conservative banking practices and high perceived risks associated with operations in rural areas rural mean MSMEs have limited access to credit in financing adaptation measures. 

This initiative will provide concessional loans and technical assistance to encourage MSMEs to invest in adaptation. It is also designed to consolidate agricultural production systems adapted to climate change. A grant component of this programme will provide financial rewards to MSMEs and intermediary financial institutions for their successful implementation of adaptation activities.

The programme has an estimated lifespan of 15 years.
Type
Document title
Published date
Approved funding proposal FP097 - CABEI - Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, Panama and the Dominican Republic 28 Nov 2018
Gender action plan FP097 - CABEI - Multiple Countries 10 Jan 2019
Gender assessment FP097 - CABEI - Multiple Countries 10 Jan 2019
Accredited Entity
  • Central American Bank for Economic Integration (CABEI) Mr Miguel Angel Méndez Castellanos Tel: + 504 2240 2206 Ms Norma Roberta Palma Milla Tel: + 504 9990 8745
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