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Readiness Project: Mobilizing International Climate Finance and Private Investments for Climate-Resilient and Low-Carbon Development in Ecuador
Start Date:
01/01/2023
End Date:
31/12/2024
Description
Technical cooperation project financed by the Green Climate Fund and implemented by GGGI to strengthen Ecuador's strategic frameworks for mobilizing climate finance and private investment to implement the NDC and advance climate-resilient, low-carbon development. It includes institutional strengthening, a green taxonomy, green bonds, debt-for-climate arrangements, ESG criteria, and climate considerations in public-private partnerships.
Iniciative Type
Action scope
National
Evaluated
No
Stage
Completed
Temporalidad
Short-term
Number of Years
1 - Year -s
Related elements
Sectors:
Countries:
Beneficiaries:
Instruments:
- Green, Social, or Sustainable Bonds
- Support to technological research and development
- Strategies, plans, policies or guidelines; sectoral or national
- Institutional capacity building
- International financial cooperation
- Regulations, standards and legal frameworks
- International, public-private partnerships
Resultados:
- Policy Coherence and Alignment
- Impact: Environmental sustainability
- Impact: Economic growth
- Reduced carbon intensity of agrifood systems
- Improved public policy formulation and implementation
- Institutional capacity building
- Climate mitigation
- Impact: Climate risk resilience
- Improved technical capacities
Budget in USD
Budget in USD
$499,184.00
Counterpart Budget
$0.00
Total Budget
$499,184.00
Annual Average Budget
$249,592.00
| Financing Sources | Financing Types |
|---|---|
| GCF: Green Climate Fund | Global or multilateral funds |
Institutions
| Institutions | Institutions rols |
|---|---|
| MAATE: Ministry of Environment, Water and Ecological Transition (Ecuador) | Execution and operation |
| IDB: Inter-American Development Bank | Execution and operation |
| National Planning Secretariat of Ecuador | Execution and operation |
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