IADB agrees loan to El Salvador to boost SME green financing

In:

Renewable energy

Region:

Americas

El Salvador will expand the availability of financing to small and medium-sized enterprises for investment projects in energy efficiency, with a $20 million loan from the Inter-American Development Bank. The funds for the loan come from the Green Climate Fund and will be executed by Banco de Desarrollo de El Salvador. The financing will support efforts in El Salvador to reduce energy consumption by SMEs and bring down greenhouse gas emissions.

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