LAC Green Finance Program to Mobilize Private Investment in Mitigation Actions and Low-Carbon and Sustainable Business Models through National Development Banks

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The proposed Program aims to support NDBs in the promotion of financing strategies geared to mobilize private sector investments in EE and RE. The financing strategies developed by NDBs should support potential investors as well as providers of technological solutions and energy services in the structuring of a portfolio of EE and RE bankable investment projects. The strategies should also provide for the supply of adequate financing for this type of projects, as well as for relevant risk mitigation instruments that could help mitigate potential performance risks associated with them. In this context, NDBs are expected to be supported in their engagement with first-tier financial institutions and insurance companies in order to ensure the access to long-term investment credit and develop and implement guarantee facilities and other dedicated risk transfer instruments