Banco General Green Facility
The Green Facility will contribute to support BG¿s engagement in sustainable banking practices that promote social, economic and environmental benefits while at the same time raise awareness within financial institutions (FIs) in Panama by demonstrating its environmental and commercial attractiveness. IDB¿s primary goal in promoting the growth of a green portfolio in BG is to institutionalize a flexible business line that can scale-up investment in energy efficiency and renewable energy projects in Panama that will generate a positive environmental impact and social and economic benefits. It is envisioned that this initiative will stimulate the necessary changes in the financial sector that can help transform the Panamanian economy onto a low carbon development path and encourage other FIs to develop similar lending programs.

Project Detail

Country

Panama

Project Number

PN-L1056

Approval Date

November 23, 2009

Project Status

Closed

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

BANKING MARKET DEVELOPMENT

Lending Instrument

BID Invest

Lending Instrument Code

IIC

Modality

PSL (Private Sector Loan)

Facility Type

-

Environmental Classification

-

Total Cost

USD 20,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 20,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2240A/OC-PN Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
Operation Number 2240A/OC-PN
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Private Sector Financing

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 Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1758460811-8580
Project Abstract
Banco General Green Line Facility [2246118].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-722907054-15968
Environmental and Social Management Reports
Banco General Green Line Facility [2246345].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-722907054-15969
Environmental and Social Strategies
Banco General Green Line Facility PN-L1056 ESS [2246357].PDF
Dec. 31, 1999
English

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