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Program to Promote Sustainable Financing in the Peruvian Amazon - Biobusiness Program - Peru
Start Date:
01/07/2022
End Date:
30/06/2032
Description
The Ministry of the Environment's (MINAM) Biobusiness Program, with USD 20 million, is a financing opportunity for companies that sustainably utilize the biodiversity of the Peruvian Amazon (environmentally, socially, and economically). It provides loans, guarantees, technical assistance, and a good-payer bonus, all through financial intermediary institutions and other financial entities.
Iniciative Type
Action scope
Subnational
Evaluated
No
Stage
Implementation- Ongoing
Temporality
Long-term
Number of Years
10 - Year -s
Related elements
Sectors:
Thematic Areas:
Countries:
Beneficiaries:
Instruments:
Results:
Policy frameworks:
Budget in USD
Budget in USD
$22,000,000.00
Counterpart Budget
$0.00
Total Budget
$22,000,000.00
Annual Average Budget
$2,200,000.00
| Financing Sources | Financing Types |
|---|---|
| IDB: Inter-American Development Bank | Public Debt |
| IDB Natural Capital Lab | Grants |
Institutions
| Institutions | Institutions rols |
|---|---|
| MINAM: Ministry of Environment (Peru) | Financing-investor |
| COFIDE: Development Finance Corporation S.A. - Development Bank of Peru | Financing-investor |
| IDB: Inter-American Development Bank | Execution and operation |
| IDB Natural Capital Lab | Monitoring and auditing |