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Ecuador Carbon-Conscious Fiscal and Growth Development Policy Financing

Abstract*

The development objective of the Carbon-Conscious Fiscal and Growth Development Policy Financing for Ecuador is to support reforms by the Government of Ecuador (GoE) to enhance fiscal sustainability and to enable private investment and female labor force participation. The National Development Plan (NDP) focuses on the country’s medium- and long-term development goals of reducing poverty and increasing shared prosperity. The plan has four pillars:...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The Program’s Development Objective (PDO) is to support reforms by the Government of Ecuador (GoE) to enhance fiscal sustainability and to enable private investment and female labor force participation.

Key Details

Project Details

  • P505747

  • Active

  • Christian Gonzalez Amador

  • Republic of Ecuador

  • Ecuador

  • June 28, 2024

  • (as of board presentation)

    July 31, 2024

  • August 20, 2024

  • US$ 700.00 million

  • N/A

  • Not Applicable

  • December 31, 2025

  • BANK APPROVED

  • December 14, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 700.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 700.00
IDA Commitment N/A
IBRD + IDA Commitment 700.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of April 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Jul 31, 2024 IBRD-97150 Loan Commitment 700,000,000.00
Aug 27, 2024 IBRD-97150 Fee Charges 1,750,000.00
Aug 29, 2024 IBRD-97150 Loan Disb 700,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.