Blog IICA

eco.business Fund for SME Development in Latin America

Fecha de inicio: 01/12/2016
Fecha de fin: 28/02/2033

Description

The eco.business Fund is a joint initiative of investors intent on supporting the promotion of business and consumption practices that contribute to biodiversity conservation, the sustainable use of natural resources, climate change mitigation and adaptation to its impact. In providing financing to the Fund’s target group for investing in activities that conserve nature and foster biodiversity, the eco.business Fund seeks investments that yield both financial and environmental returns. The financing can be provided directly or through local financial institutions. In addition, final beneficiaries and local lending institutions can count on high impact technical assistance provided by the eco.business Development Facility.

Action scope

Multicountry

Evaluated

No

Stage

Implementation- Ongoing

Temporalidad

Long-term

Number of Years

17 - Year -s

Budget in USD

Budget in USD
$305,146,078.00
Counterpart Budget
$17,938,837.00
Total Budget
$323,084,915.00
Annual Average Budget
$19,004,995.00

Institutions

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