| Project Detail |
This technical coperation has the objective of support the IDB CLIMA pilot program in El Salvador, with the strengthening of the Ministry of Education, Science and Technology (MINEDUCYT) and the Municipality Works Entity (DOM), as well as support with feasibility studies. The BID CLIMA Pilot Program aims to encourage sector-driven investments to help facilitate access for sovereign borrowers to green thematic capital markets. To achieve this objective, IDB CLIMA offers a reward to borrowers who achieve successful results through sectoral investments measured through Key Performance Indicators that: i) reduce development gaps and at the same time generate impact in terms of biodiversity and climate; ii) strengthen the sectors capacities to develop portfolios of sectoral projects that include climate and/or biodiversity considerations; and iii) strengthen sector-driven biodiversity and climate monitoring, reporting and verification systems to comply with international climate, biodiversity and thematic green debt standards. |
