Banking and Financial services
Triple Bottom Line Inclusive Finance in Latin America. Promoting Climate Smart Finance & Better Access
Project led by COFIDES
- 30.000 previously unbanked MSMEs reached
- 62.000 jobs supported
- 7 entities supported in Ecuador, Peru, Colombia and Central America
Rural development
Support to enhance FONPLATA’s climate resilience capacity
Project led by EIB
- Fonplata, the Development Bank of the River Plata basin, has upgraded its environmental and social standards for the benefit of its member countries: Argentina, Bolivia, Brazil, Paraguay and Uruguay
- The cooperation among Fonplata, EIB and LACIF has allowed the implementation of four pilot projects in Bolivia and Brazil
Sustainable Energy
LAGreen - Latin American Green Bond Fund
Project led by KfW
- The LAGreen Fund is expected to reach a total of ~EUR 450 million by 2028.
- LAGreen aims to promote the development of the Bond market in Latin America and the Caribbean.
- Projects financed through LAGreen are focused on generating global environmental benefits and particularly to fight climate change.
- LAGreen has invested EUR 128 million in 9 countries and supported over 40...
Urban Development
Fondo MiVivienda - Promoting sustainable social housing in Peru
Project led by AFD
- 110,800 households certified as sustainable quality social housing, 10,500 out of which received support from LAIF
- "MiVivienda Verde programme” enabled the reduction of electricity consumption by 40% and of water consumption by 30% by 2024 in the new homes
- Development of urban planning measures in several Peruvian cities
Waste Management
Jujuy Integrated Waste Management Project
Project led by EIB
By 2025, the project shall have the following results:
- 600,000 direct beneficiaries of the improved waste management strategy
- 700 jobs created
- Recovery of 23,000 tons of waste
Sustainable energy
Cerro Dominador: The first thermal solar power plant in Latin America
Project led by KfW
- 235,000 tons CO2 equivalent per year of direct GHG emissions avoided through the project
- 580,000 MWh/year generated by the concentrated solar power plant
- 380,000 homes supplied with electricity 24 hours/day
- at least 1,906 jobs created through the “Mirror Programme”
Support to SMEs
eco.business Fund for the development of sustainability in Latin America
Project led by KfW
- 971,000 hectares of land cultivated under sustainable management
- 471,000 hectares of farmland under soil conservation practices
- 540 hectares of soil protected from erosion
- 660,000 direct jobs supported
Sustainable Agriculture
Modernized Irrigation Project for Small and Medium Farmers
Project led by AECID
- 12,400 hectares were provided with an irrigation system.
- 14,150 families benefited, many of them of mestizo, indigenous, Afro-Ecuadorian and mountain origin.
Sustainable Energy
Improving the sustainability of the electricity service in Suriname
- 2 operational GIS and SCADA systems effectively in use by EBS’ business units
- 43% increase in annual electricity sales by EBS.
- 2,000 kW of solar PV installed capacity.
- 1,410 households benefiting from 24 hours electricity production.
- 30,000 Tons of C02eq will be reduced per year.
