Sargassum Innovation Facility

This facility aims to help mitigate the environmental and economic impact of sargassum arrivals in the most sensitive geographic regions and strengthen the environmental and economic resilience of coastal communities affected by this phenomenon.

Project Detail

Country

Dominican Republic

Project Number

DR-O0013

Approval Date

Project Status

Preparation

Project Type

Container

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

SMALL AND MEDIUM ENTERPRISE

Lending Instrument

Lending Instrument Code

Modality

Facility

Facility Type

FFG (Facility Financing for Grants)

Environmental and Social Impact Category (ESIC)

Total Cost

USD 950,000.00

Country Counterpart Financing

Original Amount Approved

USD 950,000.00