Date of effectiveness: 2009
The goals of the Sustainable Energy and Climate Change Initiative are centered around the provision of comprehensive sustainability options in areas related to the energy, transportation, water and environmental sectors as well as building climate resilience in key priority areas vulnerable to the impacts of climate change.
The objective of the SECCI IDB Fund is to mobilize Bank resources to achieve the following results:
- increased investment in RE/EE and biofuels in the region;
- an expanded IDB sustainable energy portfolio; and;
- increased attention to adaptation to climate change and climate-proofed IDB portfolios.
The activities must result in increased clean energy investments and reduced vulnerability to climate change in the region.