PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

608155

Primary Business Area

Other

Disclosure Date

Dec 11, 2023

Country

Latin America and the Caribbean Region

Region

Latin America and the Caribbean

IFC Approval Date

Sep 30, 2023

Status

Active

Estimated Total Budget

$980,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Dec 18, 2023

Project Estimated Start Date

Jul 1, 2023

Project Estimated End Date

Dec 31, 2025

Project Description

The Project will contribute to GHG emission reductions targeted by the governments of Colombia and South Africa by promoting green investments in cities in sectors such as buildings, energy, transportation, waste, and water. Activities will include working with local governments to develop green investment pipelines, as well as local financial intermediaries on financing programs to support implementation. IFC’s Global APEX Green Cities software is central to the Project as a tool to help identify, assess, and prioritize green city actions, including policies, planning, and investments, based on carbon savings, energy savings, and cost, among other indicators.

Development Results

E&S Risks / Impacts and Mitigation