BIO SWEET-Contract related to: BIO SWEET - Until 2020, the Latin America (LAIF) and Caribbean (CIF) Facilities have been operating under different budgetary regimes, LAIF under the Development Cooperation Instrument (DCI) and the CIF under the European Development Fund (EDF). This new Facility, LAC…

About this project

Contract related to: BIO SWEET - Until 2020, the Latin America (LAIF) and Caribbean (CIF) Facilities have been operating under different budgetary regimes, LAIF under the Development Cooperation Instrument (DCI) and the CIF under the European Development Fund (EDF). This new Facility, LACIF, follows the strategic logic under the new NDICI to merge different financial instruments under the same umbrella. DCI and EDF converge in the new NDICI and this provides the opportunity to combine the two previous facilities in one, taking advantage of shared structures and stakeholders, minimizing administrative transaction costs and adding flexibility to the process of resource allocation, while catering to the unique opportunities and challenges of the two regions. Moreover, action at regional level is particularly relevant to tackle crucial aspects of infrastructure involving networks (transport, energy, water and digital) and regarding cross-border issues (health security, supply chains, migration, etc.). LACIF will continue to boost access to funds from financial institutions, which are supporting key investments for sustainable inclusive infrastructure development with a focus on climate change, as well as rights and gender responsive private sector development in the region contributing substantially to poverty alleviation throughout the continent.European financial institutions were key partners of LAIF and CIF, an important factor for the success of the Facilities was the parti…

Goals

Sustainable Development Goals this project works towards

• 5Gender Equality
• 6Clean Water and Sanitation
• 7Affordable and Clean Energy
• 17Partnerships for the Goals

Published by

European Commission - Directorate-General for International Partnerships · Other public sector

Countries

Suriname

Sectors

TelecommunicationsHydro-electric power plantsWater supply and sanitation - large systems

Focus

Gender equality · Also contributesEnvironment · Main focusClimate mitigation · Main focusClimate adaptation · Also contributesDisaster risk reduction · Also contributes

Funded by

European Commission

Implemented by

INTER-AMERICAN DEVELOPMENT BANK

Accountable

IDB

Passes funds through

Directorate-General for International Partnerships

Published by European Commission - Directorate-General for International Partnerships to the International Aid Transparency Initiative (IATI), last updated 29 Sept 2026 and imported automatically. IATI identifier: XI-IATI-EC_INTPA-2025-PC-72140.

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