IDB CLIMA: Support the development and execution of an IDB CLIMA Pilot Program in Honduras (HO-L1245)

implementation

This TC aims to support Honduras in the design of its first project (HO-L1245) under the IDB CLIMA Pilot Program. The IDB CLIMA Pilot Program aims to incentivize sector-driven investments that will help accelerate the access of sovereign borrowers to thematic green capital markets. To attain this goal, IDB CLIMA offers a grant to borrowers that successfully reach results through sectoral investments measured through Key Performance Indicators that: i) reduce development gaps while delivering impact in terms of biodiversity and climate; ii) strengthen the sector's capabilities to develop sectoral project pipelines that include climate and/or biodiversity considerations; and iii) strengthen sector-driven biodiversity and climate monitoring, reporting and verification systems to meet international climate, biodiversity and thematic green debt standards.