ESG Brands: Banana plant-based economic revitalization to mitigate climate change, bring back a natural fiber raw mater

By utilizing ESG's state-of-the-art processing technology, ESG Brands aims to create a circular and sustainable model, turning what was once considered waste into valuable resources for the textile industry and ensuring carbon is kept in circulation longer, avoiding waste of resources and generating potable water as a by-product.

Project Detail

Country

Guatemala

Project Number

GU-G1021

Approval Date

Project Status

Preparation

Project Type

Investment Grants

Sector

ENVIRONMENT AND NATURAL DISASTERS

Subsector

CLIMATE CHANGE FINANCING

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

Facility Type

Environmental Classification

Total Cost

Country Counterpart Financing

Original Amount Approved

USD 600,000.00

Financial Information

Can’t find a document? Request information

Preparation Phase

https://www.iadb.org/document.cfm?id=EZIDB0002278-201726538-6

Environmental and Social Review Summary

ESG Brands_Environmental and Social Review Summary (ESRS).pdf

Jun. 05, 2024

Spanish

https://www.iadb.org/document.cfm?id=EZIDB0002278-695148251-4

Profile

IDEATE 2024-04-12 Public Summary 1426 GU-G1021.pdf

May. 21, 2024

Spanish

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