Authors
Organizations mentioned
- Disclosure Date
- 2024/09/26
- Disclosure Status
- Disclosed
- Doc Name
- Appraisal Project Information Document (PID)
- Lending Instrument
- Investment Project Financing
- Pages
- 10
- Product Line
- IBRD/IDA
- Published in
- United States of America
- Rel Proj ID
- KG-Kyrgyz Republic Developing A Sustainable Finance Market For Msm -- P505643
- Unit Owning
- EFI-ECA-FCI-Finance-1 (EECF1)
- Version Type
- Final
Files
Table of Contents
- The World Bank 1
- The World Bank 2
- BASIC INFORMATION 2
- A. Basic Project Data 2
- Components 2
- PROJECT FINANCING DATA US Millions 2
- Maximizing Finance for Development 2
- Is this an MFD-Enabling Project MFD-EP 2
- Is this project Private Capital Enabling PCE 2
- SUMMARY 2
- Total Operation Cost 50.00 2
- Total Financing 50.00 2
- Financing Gap 0.00 2
- The World Bank 3
- DETAILS 3
- World Bank Group Financing 3
- B. Introduction and Context The Kyrgyz Republic a land-locked lower-middle-income country in Central Asia was hit hard by the pandemic 3
- The Kyrgyz Republic is highly vulnerable to climate change and natural disasters. 3
- The World Bank 4
- A robust and sustainable economic growth and development in the Kyrgyz Republic requires addressing rising 4
- Efforts are underway to create an enabling environment for sustainable finance. 4
- The World Bank 5
- Globally National Development Financial Institutions NDFIs are leading providers of climate finance 5
- The SDB and the GF are working towards becoming green financial institutions. 5
- The SDB and the GF will need to become a catalyst in creating a sustainable finance market in the Kyrgyz 5
- The World Bank 6
- The market readiness for creating and developing a sustainable finance market has significantly improved in a 6
- D. Project Description 6
- Component 1 Green and sustainable finance US30 million. 6
- Subcomponent 1.1 Wholesale co-financing to Participating Financial Institutions PFIs. 6
- Subcomponent 1.2 Funding Contribution to the GFF. 6
- Component 2 Green Guarantees US19.5 million. 6
- Subcomponent 2.1 Green PRSF for MSMEs. 6
- The World Bank 7
- Subcomponent 2.2 Individual green guarantees. 7
- Component 3 Project Implementation and Sustainable Finance Capacity Building US0.5 million. 7
- Triggered 7
- The projects environmental and social risks are assessed as Moderate at the Appraisal stage. 7
- The World Bank 8
- E. Implementation 8
- The World Bank 9
- CONTACT POINT 9
- World Bank 9
- BorrowerClientRecipient 9
- The Kyrgyz Republic 9
- Implementing Agencies 9
- The Ministry of Finance 9
- FOR MORE INFORMATION CONTACT 9
- APPROVAL 9
- Approved By 9
- The World Bank 10