European Investment Bank (HQ)

GEF Latam Climate Solutions Fund III

Last update: Dec 22, 2021 Last update: Dec 22, 2021

Details

Location:Argentina, Belize, Bolivia, Braz ...
Argentina, Belize, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, French Guiana, Guatemala, Guyana, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Suriname, Uruguay, Venezuela
Category:Unspecified/other
Status:Approval
Sectors:Environment & Climate, Private Sector & Trade
Contracting authority:
Eligibility:Unknown
Budget: EUR 170,000,000
Date posted: May 11, 2021

Attachments 2

Associated Awards

Project cycle timeline

STAGES
EARLY INTELLIGENCE
PROCUREMENT
IMPLEMENTATION
Cancelled
Status
Programming
Formulation
Approval
Forecast
Open
Closed
Shortlisted
Awarded
Evaluation

Description

Reference: 20210184Release date: 11 May 2021Promoter – Financial IntermediaryACCEPTABLE CORPORATE(S) LocationBrazilRegional - Latin AmericaDescriptionEquity participation in a private equity fund investing in small and medium-sized enterprises (SMEs) that
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By Locations
Funding agency:
IADB
Status:
approval
Location:
Antigua and Barbuda, Argentina, Aruba, Bahamas, Barbados, Belize, Bolivia, Brazil, Cayman Islands, Chile, Colombia, Costa Rica, Cuba, Dominican Republic, Ecuador, El Salvador, French Guiana, Greenland, Guatemala, Guyana, Haiti, Honduras, Martinique, Mexico, Montserrat, Nicaragua, Panama, Paraguay, Peru, Puerto Rico, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname, Trinidad and Tobago, Turks and Caicos, Uruguay, Venezuela
Funding agency:
IADB
Status:
approval
Location:
Antigua and Barbuda, Argentina, Aruba, Bahamas, Barbados, Belize, Bolivia, Brazil, Cayman Islands, Chile, Colombia, Costa Rica, Cuba, Dominican Republic, Ecuador, El Salvador, French Guiana, Grenada, Guadeloupe, Guatemala, Guyana, Haiti, Honduras, Martinique, Mexico, Montserrat, Nicaragua, Panama, Paraguay, Peru, Puerto Rico, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname, Trinidad and Tobago, Turks and Caicos, US Virgin Islands, Uruguay, Venezuela
tender Background

About the Funding Agency

The European Investment Bank (EIB) is the lending arm of the European Union. The EIB is the biggest multilateral financial institution in the world and one of the largest providers of climate finance.

The EIB works closely with other EU institutions to foster European integration, promote the development of the EU and support EU policies in over 160 countries around the world.

Through EIB Global, set up in 2022 to increase the impact of our development finance, the EIB helps address global challenges and creates growth and opportunity on all continents.

About the Sectors

Environment & Climate

Focuses on protecting natural ecosystems, promoting sustainable resource management, enhancing climate resilience, and mitigating the impacts of climate change through conservation, adaptation, and low-carbon initiatives.


Key areas:
  • Environmental protection and conservation
  • Natural resource and ecosystem management
  • Climate change and environmental resilience

Private Sector & Trade

Entails initiatives that promote entrepreneurship, strengthen competitive markets, and expand domestic and international trade opportunities.


Key areas:
  • Private sector development and SME/MSME support
  • Entrepreneurship, start-ups, and business growth initiatives
  • Trade facilitation, import/export, and market access
  • Commerce, retail/wholesale, and free trade mechanisms

Locations

Argentina

Argentina focuses on highway expansion, rail rehabilitation, energy infrastructure, and port development to support industrial growth and agricultural exports. Infrastructure financing combines federal budgets, provincial investment, multilateral development loans, and private sector participation. Projects aim to modernize logistics networks and expand renewable energy capacity. Macroeconomic volatility, inflation, and fiscal constraints significantly influence infrastructure implementation.

Belize

Belize prioritizes road rehabilitation, port development, energy infrastructure, and water systems to improve trade connectivity and rural access. Infrastructure projects are financed through national budgets, multilateral development banks, and foreign partnerships. Investments support tourism, agriculture, and regional integration within Central America. Climate vulnerability, fiscal capacity, and institutional development influence long-term infrastructure planning.
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