devinitorg/iati-policy-markers huggingface dataset:
Technical Assistance for Ukraine - Banking and Financial Services The Banking & Financial Services Team is working to place a Resident Advisor at the Deposit Guaranty Fund, with focus on improving the Fund's legal framework, operational policies and procedures and problem bank intervention and resolution strategies. Intermittent advisors will provide assistance with the development of on-site and off-site monitoring methodologies for problem banks and pricing and valuation methodologies for non-performing loans in problem or failed banks. At the National Bank of Ukraine, intermittent advisors will focus on assistance with bringing about long-term reforms of the banking sector in a variety of areas. Also, intermittent advisors will assist the NBU with off-site monitoring capacity building.
Technical Assistance for Budget and Financial Accountability Ukraine - Budget and Financial Accountability
WCS CR Banpais The proposed investment consists of a senior loan of up to US$60 million to Banco del Pais, S.A. (BANPAIS or the Bank) in Honduras under the FIG COVID-19 Emergency Response WCS Envelope (WCS Envelope). The proposed WCS loan consists of a one-year senior loan facility, renewable for up to two additional years, to support the Banks working capital lending program to Honduran small and medium enterprises (SMEs) and women-owned SMEs (WSMEs). The project is expected to have a development impact in terms of increased access to working capital credit for SMEs and WSMEs in Honduras. The Facility is supporting BanPais' clients' capacity to sustain operations during an acute shock, supporting the private sector economic recovery process and shortening the time it will take for the most vulnerable to return to their traditional income-earning opportunities. 

More than two years after the first COVID-19 infections, the pandemic continues to affect firms in a variety of ways, hindering a sustained recovery. Moreover, Honduras and the northern part of the country where BanPais operates were severely affected in 2020 not only by the COVID-19 pandemic but by the impact of hurricanes Eta and Iota, exacerbating the countrys intrinsic vulnerabilities. A return to pre-COVID-19 economic activity necessitates access to finance for SMEs to sustain and grow operations and economic activity. 

The proposed investment will provide working capital to the Bank focusing the proceeds on the SME segment, facilitating loans to this segment and helping reduce the SME finance gap in the country.
Valle Solar PV Valle Solar PV (the Project) comprises the development, construction and operation of a 70 MWp solar PV power plant located in Nacaome, Honduras. The Project is expected to produce an average of approximately 122 GWh per annum.  The Project is being developed by Compañía Hondureña de Energía Solar, S.A. de C.V. (Cohessa or the Company) and has successfully secured a 20-year Power Purchase Agreement (PPA) with state-owned utility, Empresa Nacional de Energía Eléctrica (ENEE). The PPA is part of a wider effort by ENEE and the Government of Honduras to diversify the countrys electricity supply and improve the reliability of the power grid. Cohessa will employ equipment (e.g. panels, inverters, etc) from top-class manufacturers and expects to start construction of the Project in Q4 of 2014. The Project is expected to become operational by the second half of 2015. The Project is expected to: (i) provide critical demonstration effect of financial feasibility of one of the first large scale grid-connected solar PV projects in Honduras; (ii) support the diversification of Hondura''s energy matrix moving away from a fossil fuel based energy generation model; (iii) contribute to the reduction of expensive imports of diesel and bunker, which consequently could help strengthening public finances; (iv)	promote climate change agenda, as the project is expected to displace thermal power generation hence reducing carbon emissions.
Atlantida Loan Banco Atlantida S.A de C.V (Bancatlan or the Bank) is the largest bank in Honduras in terms of assets, loan portfolio, deposits and capital, as of October 2011.  The Bank is very active in the agribusiness, commerce, tourism and infrastructure sectors and has the largest retail distribution network in the country. Bancatlan is an existing IFC client through a trade line and advisory services projects.

Bancatlan is interested in supporting the renewable energy sector in Honduras and has already built a pipeline of projects.  The Bank is also willing to support its corporate and SME clients in improving their energy efficiency and cleaner production initiatives. The Bank is seeking to fund this potential portfolio growth with long-term funding since it allows for a proper maturity matching. The proposed investment seeks to support the Banks loan origination activities through a Senior Loan to be complemented with a potential sustainable energy finance advisory services project (the Project or Atlantida Loan). - The Project expects to address climate change by reducing GHG emissions through the use of alternative energy sources and cleaner technologies.
- It will help transform the energy matrix and reduce dependency on volatile imported fuel prices and subsidies for costly thermal energy power sources; ultimately will help alleviate public budget constraints.  
- IFC will contribute to the creation of new direct and indirect jobs during the design, construction and operation of the sub-projects.
- Consumers will have improved access to more reliable and less costly sources of energy; 
- Implementation of clean technology projects will facilitate the transfer of modern production techniques to Honduras which may be followed by new entrants into the sector.
Banco Popular The project consists of an equity investment of up to $1.5 million to Popular Asociación y Préstamo (Popular). Popular is a savings and loans association active in the Honduran microfinance sector.  The purpose of the project is to provide funding in the form of equity in order to assist Popular in its transformation to a commercial bank as well as to expand its micro lending operations. The Team will explore the possibility of a partial credit guarantee (PCG), whereby Honduran commercial banks would provide up to $4 million equivalent in Lempiras with an IFC PCG at a currently unspecified percentage.  The local currency funding in Lempiras would be used to partially match the currency of Populars funding with its lending activities.  This, in turn, would allow Popular to expand and enhance its services to low-income population in Honduras.  In addition, IFC will consider providing technical assistance (TA) in order to support the institution in its transformation to a regulated microfinance bank. - Expand access to financial services in Honduras; - Institution-building by helping Popular transform from a non-bank financial institution into a commercial bank; - Promote sustainability of a microfinance institution by maintain high quality of portfolio; - Strengthen the institution by providing funding in the form of capital and debt.
ELECTRICIDAD DE CORTES, S.A. Summary Of Project Information (SPI)       Project Name    Honduras-Electricidad de Cortes, S. de R.L. de C.V. (Elcosa) - Risk Management Project                Region    Latin America & Caribbean      Sector   Project No004401   Projected Board DateOctober 3, 1997   Company NameElectricidad de Cortes, S. de R.L.de C.V.   Technical Partner and/or Major Shareholders    	Wartsila Diesel Development Corp., U.S./Finland (15%);  Honduras Electric Company S.A., de C.V. (HECO), Honduras  (25%); Scudder Latin America Trust for Independent Power  (30.6%);  Illinova Generating Company, U.S. (15.2%); James Poon (5%); and IFC (9.2%).    Project Cost Including proposed IFC investment    	US$0.5 million loan equivalent exposure to undertake a currency swap.     Location of project and Description of site    	Diesel electric power plant (80 MW capacity) located at industrial site in Puerto Cortes, Honduras.    Description of Company and Purpose of Project   (include IFCs Role and Development Impact)    	The objective of this Project is to allow Elcosa (the Company) to hedge is currency risk. The Company currently has outstanding a Deutsche Mark (DM) liability to  DEG -- Deutsche Investitions- und Entwicklungsgesellschaft MBH (DM 8.64 million outstanding) which it would like effectively to convert into a US Dollar obligation. As a result, the Company has requested that IFC arrange a DM/US$ currency swap in order to effectively convert its existing DM obligation into a US$ obligation. As a result, the Company will be able to eliminate its balance sheet mismatches by effectively fixing the cost of servicing its DM loan in US$ terms.    	This Project will further support the developmental initiatives cited in IFCs previous investment in the Project. Currency risk management would improve the stability of the Companys future cash flows and enhance its economic viability.    Environmental Category and Issues    	The proposed transaction is of a financial nature only, and accordingly is classified as a category C Project according to IFCs environmental review guidelines and procedures.        Date SPI sent to PIC     September 23, 1997      This Summary of Project Information is prepared and distributed to the public in advance of consideration of the proposed transaction by the Corporations Board of Directors.  It is provided for the purpose of enhancing the transparency of IFCs activities and should not be construed as presuming the outcome of IFC Board consideration.    For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 974-4384  Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
Ficensa Loan Banco Financiera Centroamericana, SA (FICENSA) was established in 1974 and since inception has focused on financing the corporate and middle market sectors in Honduras including key agribusiness operators. Ficensa''s conservative business model, has enabled it to weather the recent financial crisis and show consistent profitability. It is the 8th largest bank in loan portfolio (3.3% market share) and the 11th in deposits (2.5% market share) out of 17 commercial banks in Honduras.    The proposed investment project entails a straight senior loan US$ 15 million and a US$ 6 million trade line to be used to grow the small and middle market loan portfolio. Banking penetration: by promoting access to credit along the small and medium market companies.  Export competitiveness: by providing long term financing that can facilitate the implementation of better production tecnologies, which could eventually sustain competitive exports.  Employment generation: SMEs are a large employment generator in Honduras  and more access to credit will translate into larger production scales requiring more workers.
WCS Covid Dav HN The proposed investment consists of a one-year, renewable senior loan of up to US$30 million to Banco Davivienda Honduras S.A. (Davivienda Honduras or the Bank) under the FIG COVID-19 Emergency Response WCS Envelope (WCS Envelope). The WCS Envelope is designed to provide funding to existing IFC client banks in emerging markets that will then extend new trade-related or working capital loans to companies whose cash flows have been disrupted by the global outbreak of the coronavirus pandemic. By supporting its clients capacity to sustain operations during this acute shock, IFC best positions the private sector to support the economic recovery process, shortening the time it will take for the most vulnerable to return to their traditional income-earning opportunities.
Pacifico Solar SunEdison HON3 (the Project) comprises the development, construction and operation of 3 solar PV power plants (the Sub-Projects) located in two clusters in the southern region of Choluteca, Honduras. With 80.8MWp of installed capacity, the capital expenditure required to implement the Project total approximately US$200 million. Participaciones Choluteca Dos S.A. (the Company), a wholly-owned indirect subsidiary of SunEdison, Inc. (SunEdison or the Sponsor), is developing the 3 solar PV power plants through two fully-owned Special Purpose Vehicles (SPVs) and has successfully secured 20-year Power Purchase Agreements (PPAs) with state-owned utility, Empresa Nacional de Energia Eletrica (ENEE). The PPAs, which include a special solar incentive, are part of a wider effort by ENEE and the Government of Honduras to diversify the countrys electricity supply and improve the reliability of the power grid.  SunEdison will employ equipment (e.g. panels, inverters, trackers) from top-class manufacturers and expects to start construction of the Sub-Projects in Q4 of 2014 supported by an intercompany Engineering, Procurement and Construction (EPC) contract. The Sub-Projects are expected to become operational by the second half of 2015. Climate Change Mitigation:        The Project will promote a positive climate change agenda by displacing thermal power generation and reducing associated carbon emissions.  Promoting private investment into the private sector: By providing a critical demonstration effect of financial feasibility of the first large scale grid-connected solar PV projects in Honduras, the Project will support GoH''s ongoing efforts to increase private participation in the energy sector, as evidenced in the ongoing unbundling and privatization activities.
MSME Envelope Banpais WSME WCS II The proposed investment consists of a US$50 million working capital loan to Banco del País, S.A. (Banpais or the Bank) in Honduras. The proposed loan will have a 2-year tenor with the renewal option for an additional 2-year tenor for a maximum tenor of 4 years. The purpose of the proposed IFC investment is to support Banpais lending program to Medium Enterprises (MEs), with a carve-out of at least 25% for including Women-owned Medium Enterprises (WOE) (the Project).     The Project is part of a country envelope of up to US$155 million (jointly for Honduras and Nicaragua) that will be supported by a pooled first loss guarantee of up to US$38.75 million provided by International Development Agency IDA Private Sector Window Blended Finance Facility (IDA-PSW BFF). Project Outcome - Stakeholder effects: Improved access to finance for MEs: Through the Project, IFC will support Banpais to increase access to finance for MEs and WOE. It is expected that this in turn will preserve jobs and enterprise growth by supporting working capital needs of MEs reducing the SME and WSME finance gap in Honduras. Market Creation: Estimated to be strong based on a meaningful movement in an underdeveloped market.
LAC MSME Facility The proposed investment consists of senior unsecured loans of up to US$155 million in the aggregate for the Banks, with each loan being for a tenor of two years and the option to rollover for an additional two years for a maximum tenor of four years. IFC proposes to make an A loan to each of (i) Banco del Pais S.A.; (ii) Banco LAFISE Honduras; (iii) Banco LAFISE Bancentro; and Banco de la Produccion S.A.  The proposed IFC investment will support working capital and long-term financing needs of MSMEs, including women-owned SMEs.  The projects will be supported by a pooled first loss guarantee of up to US$38.75 million provided by International Development Agency IDA Private Sector Window Blended Finance Facility (IDA-PSW BFF). Stakeholder effects - Improved access to finance for MSMEs: Through the Project, IFC will support eligible FIs in Nicaragua and Honduras to increase access to finance for MSMEs, aimed at contributing to reducing the MSME finance gap. 

Market level outcome - Competitiveness: The project will contribute to the competitiveness of MSMEs in the targeted countries through an increased funding support for the leading banking institutions. The project is expected to demonstrate to other banks and funding partners the viability of continuing to support MSMEs. The project will do so through potential technical assistance activities to improve the capacity of the Banks in serving SMEs in the countries, potentially expanding their reach into more underserved segments.
La Vegona Project The La Vegona power project comprises a 38.5 MW run-of-the-river hydroelectric development on the Humuya or Comayagua River, 8 kilometers downstream from the existing 300MW Francisco Morazan (El Cajon) hydroelectric project.  The Project is expected to produce an average of approximately 172 GWh per annum.  The Project will sell electricity to industrial clients as well as the state-owned utility ENEE under long-term power purchase agreements (PPA).   

The Project is being developed by Compañía Hondureña de Energía Renovable S.A. de C.V. (COHERSA or the Company), a Honduran company created for the purpose of developing the Project. Help lower an IDA countrys dependence on thermal power:  Currently, non-renewable sources account for over 60% of Honduras annual power generation.  The successful completion of the Project will provide clean, low-cost power generated from a renewable resource to meet close to 2.6% of the countrys current power demand and allow for the possible retirement of old, inefficient and more expensive thermal capacity. 
 
Development of Honduras hydroelectric resources: To address the countrys current energy challenges, the Government of Honduras ("GON") has put forth a strategy to develop its domestic renewable energy resources, including hydropower.  Successful completion of the largest private sector-led hydroelectric project in Honduras to date would contribute directly, as well as indirectly through demonstration effect, to this objective. 
 
Climate change: The Project is expected to displace thermal power generation, hence reducing the regions carbon emissions by approximately 108 thousand tons of CO2 per year. 
 
Supporting the financial sustainability of the power sector: The Project will reduce Honduraswholesale energy prices and dependence on oil, supporting the power sectors path towards financial sustainability. 
 
Cost Efficiency:  The Project will help lower the cost of electricity and therefore help support a lower cost structure for industries and consumers in Honduras.
Corporacion Dinant S.A. de C.V. The project will consist of a corporate loan to Corporacion Dinant S.A. de C.V. (Dinant), a vertically-integrated palm oil and food company in Honduras.  The company is seeking funds primarily to:     - increase production capacity in its snacks and edible oils divisions;   - expand and upgrade its distribution network;   - develop young palm oil plantations; and    - build a biogas facility to generate electricity for own and third-party consumption. Honduras seeks to expand economic opportunities for the poor, particularly in rural areas.  The agriculture sector is one of the main sources of employment in these areas.  The palm oil industry in Honduras directly and indirectly benefits almost 5,000 families along the countrys Atlantic coast.  Dinant employs approximately 4,500 permanent and 2,500 temporary workers, 30% of which are women.    Local palm oil companies like Dinant have helped develop infrastructure in remote rural regions and have provided an outlet to industrialize smallholders palm fruit. In all, there are about 2,300 small palm fruit producers supplying the local palm oil milling industry, 1,000 of which supply the company.
Ficohsa Project The proposed IFC investment in Banco Ficohsa (the Bank) would consist of a debt package of $15 million, broken down as follows:

- $10 million to middle to low income mortgages; and
- $5 million to fund the origination of their SME portfolio.

Additionally, the IFC Team will also explore the feasibility of working with Advisory Services in order to support the Banks strengthening of its competitiveness on the housing and SME segments. The project serves two purposes:

- the debt will support Ficohsas expansion in housing and SME finance sectors; and 
- potential Advisory Services contribution will strengthen the Banks internal capacity to efficiently and effectively penetrate the SME and middle to low-income housing sectors.

The project (funding and advisory services) will foster growth in the SME and middle to low-income housing sectors, which are still largely underdeveloped in Honduras.
Energía Cinco Estrellas, S.A. de C.V. The Aura Solar II Project (the Project or Aura II) comprises the construction and operation of a 61MWdc (50MWac) greenfield photovoltaic power plant on an area of 150 ha to be located in the Choluteca Municipality, which is approximately 152 km south of the capital city of Tegucigalpa, Honduras. The Project is expected to produce an average of approximately 125GWh per annum. Aura II is being developed by Gauss Energía (Gauss), an independent Mexican energy developer, and will be owned by Corporación Aura Solar (CAS) and by the Flores Family. The Project has successfully secured a 20-year Power Purchase Agreement (PPA) with state-owned utility, Empresa Nacional de Energía Eléctrica (ENEE). The PPA is part of a wider effort by ENEE and the Government of Honduras to diversify the countrys electricity supply and improve the reliability of the power grid. Aura II will be constructed and operated under an EPC contract with an experienced engineering firm and PV panels will be supplied by a top-class PV manufacturer. The project is in design stage and construction is expected to be completed by the second half of 2015. The Project is expected to: (i) provide critical demonstration effect of financial feasibility of one of the first large scale grid-connected solar PV projects in Honduras; (ii) support the diversification of Honduras'' (an IDA country) energy matrix moving away from a fossil fuel based energy generation model; (iii) contribute to the reduction of expensive imports of diesel and bunker, which consequently could help strengthening public finances; (iv) promote climate change agenda, as the project is expected to displace thermal power generation hence reducing carbon emissions; and (v) support the international expansion of an existing Sponsor with renewable energy knowledge into strategic countries for IFC, such as Honduras, setting the base for partnering with them in other projects in the region and enabling a south-to-south investment in the LAC region.