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IDB programs to improve agro industry
11 Dec '07
3 min read
The Inter-American Development Bank announced the approval of a $350,000 grant from its Fund for Special Operations to support energy efficiency and biofuel programs in Honduras, as part of the Bank's Sustainable Energy and Climate Change (SECCI) Initiative.
a The grant will support preparation of investment plans and loans for energy efficiency measures and the development of technical studies, including those related to the implementation of a national program to produce and promote biofuels in Honduras.
The funding will help the Honduran government continue various initiatives, such as IDB-supported preliminary studies on the fiscal implications of national biofuel plans.
The project includes pilot programs to improve socioeconomic and environmental conditions in Honduras and boost the competitiveness of the country's energy-consuming productive sectors, as well as the agroindustry in an effort to promote rural development.
The State Secretariat of the Presidency of Honduras, in coordination with the Natural Resources and Environment Secretariat, will carry out the program.
The IDB in Mesoamerica:
This grant is part of the IDB's support to help the Mesoamerican region cope with the energy crisis caused by high oil prices.
Other countries in the region, such as Costa Rica, the Dominican Republic, El Salvador, Guatemala and Haiti, are working with the IDB to prepare biofuel development and other sustainable energy programs.
a The grant will support preparation of investment plans and loans for energy efficiency measures and the development of technical studies, including those related to the implementation of a national program to produce and promote biofuels in Honduras.
The funding will help the Honduran government continue various initiatives, such as IDB-supported preliminary studies on the fiscal implications of national biofuel plans.
The project includes pilot programs to improve socioeconomic and environmental conditions in Honduras and boost the competitiveness of the country's energy-consuming productive sectors, as well as the agroindustry in an effort to promote rural development.
The State Secretariat of the Presidency of Honduras, in coordination with the Natural Resources and Environment Secretariat, will carry out the program.
The IDB in Mesoamerica:
This grant is part of the IDB's support to help the Mesoamerican region cope with the energy crisis caused by high oil prices.
Other countries in the region, such as Costa Rica, the Dominican Republic, El Salvador, Guatemala and Haiti, are working with the IDB to prepare biofuel development and other sustainable energy programs.
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