Written by Agence Française de Développement (AFD)
23 May 2018

Date of effectiveness: 2016

The project aims to help identify, prioritise and prepare bankable projects in Cuba, which are likely to be financed by international financial institutions.  The project also aims to support the Cuban authorities and project managers in adapting to international best practices and implementing a modern approach to development projects that takes into account ESG impacts of the planned investments. The facility was approved in 2016 by LAIF (origin of the resource). The total amount approved was €3 million

The Facility also aims to support the Cuban authorities and project managers in adapting to international best practices and implementing a modern approach to development projects that takes into account the economic, social and environmental impacts of the planned investments. All projects should make a positive contribution to the country’s adaptation to climate change or to the reduction of greenhouse gas emissions.

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