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World Bank Latin America and the Caribbean Construction of the Quito Metro. General view of the works carried out in the facilities of the La Magdalena station of the Quito Metro. Photo: Paul Salazar
  • Clean Technology Fund (CTF)
  • Clean Technology
  • Transport
Project id: XCTFEC772A

DPSP III: Financing Sustainable Electric Transport in Ecuador

PROJECT SNAPSHOT

GENERAL INFORMATION

TitleDPSP III: Financing Sustainable Electric Transport in Ecuador
Project id
XCTFEC772A
Country
Ecuador
RegionLatin America & the Caribbean
Program
Clean Technology Fund (CTF)
Status
MDB Board Approval

FINANCING

Approved Amount (USD MILLION)
24.05
FINANCIAL PRODUCT (USD MILLION)
Non-Grant : 23
Grant : 1.05
CIF Funding
24.05
Co financing
10
Committee approval date
05/21/2020
MDB approval date
12/09/2020
MDB / IMPLEMENTING PARTIES
Inter-American Development Bank
SECTOR TYPE
Public Sector

DOCUMENTS

PROJECT FINANCING

APPROVED CIF FUNDING
$24.05M
EXPECTED CO-FUNDING
$10M
SOURCES OF CO-FINANCING
CO-FINANCING RATIO
Government
13% (5M)
MDB
53% (20M)
Private Sector
34% (12.8M)

Data as of December 31, 2021

For latest MDB and Government Focal point, please contact CIF Admin Unit @ cifadminunit@worldbank.org

THIS PROJECT CONTRIBUTES TO THE FOLLOWING SUSTAINABLE DEVELOPMENT GOALS (SDGS):

No Poverty
Sustainable cities and communities
Climate action

IMPLEMENTING PARTNERS

Inter-American Development Bank

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