devinitorg/iati-policy-markers huggingface dataset:
Dairy Farmer Support and Food Security Project The project will help PT Cisarua Mountain Dairy (CMD) sustain its operations through the COVID-19 crisis by providing financing for working capital and operational expenditure. Due to global logistic disruptions, CMD needs to increase its inventory levels of imported materials to ensure adequate buffers for sustained operations. The US dollar appreciation versus Indonesian rupiah has been weighing on the cost of imported materials, further increasing liquidity needs for building up those inventories. In addition, CMD has started experiencing delayed payments from some of its customers, which have been more severely affected by the crisis. As a result, the cash conversion cycle of the company is expected to increase significantly and cannot be financed from the company's operating cash flow alone. The liquidity support will allow CMD to sustain business operations, enabling stable production and timely payments to farmers, suppliers, employees and sales agents.
LOAN TO BANK MANDIRI (PERSERO) The transaction provides to Bank Mandiri (Persero) a loan of up to US$ 300 million, of which US$75 million is funded by ADB (A Loan) and up to US$ 225 million is funded by commercial banks (B Loan) under participation agreements between ADB and such banks.
Sustainable and Inclusive Energy Program (Subprogram 1) Sustainable and Inclusive Energy Program design. SIEP is closely aligned with the government's National Medium-Term Development Plan (RPJMN), 2015-2019, the goals of which include (i) expanding electricity access to all Indonesians and increasing per capita consumption from 843 kilowatt-hours to 1,200 kilowatt-hours per year as key goals; (ii) bolstering domestic energy security through expanded production of gas, improved security for downstream oil and oil products, and increased utilization of renewable energy; and (iii) scaling up energy efficiency. The program is also designed to support PLN via the company's Electricity Power Supply Business Plan, 2015-2024. Realizing these goals will require a sustained and multi-year effort. SIEP will be ADB's first policy-based operation in Indonesia that is fully focused on the energy sector. The proposed program takes a chronological approach over the 5-year RPJMN period with three subprograms.
Integrated Participatory Development and Management of Irrigation Program The program will support the Government of Indonesia in implementing its irrigation improvement program (IIP), 2015-2025, which advances the overarching agenda of food security and rural poverty reduction through increased and improved water delivery. The focus of the ADB support will be on improving irrigation system operation, maintenance, and water delivery to farmers. The program will finance a time slice of the government's IIP in 74 districts across 16 provinces from 2017 to 2021. The International Fund for Agricultural Development (IFAD) is providing parallel financing to the Ministry of Agriculture for improved delivery of agricultural services to maximize the benefits of the irrigation improvements.
Réhabilitation des infrastructures de recherche de SARPV à Ukhiya Social Assistance and Rehabilitation for the Physically Vulnerable (SARPV) œuvre pour améliorer les conditions de vie des personnes handicapées. L’ambassade a accordé une subvention pour contribuer à la réhabilitation de ses infrastructures de recherche, endommagées par les intempéries, et permettre à l’ONG de poursuivre ses activités de recherche.
Publication d’un rapport mensuel sur les droits de l’homme au Bangladesh L’ambassade a accordé une subvention à Odhikar pour la publication de rapports mensuels sur la situation des droits de l’Homme au Bangladesh de janvier 2018 à mai 2018 et d’un rapport de synthèse avant l’Examen Périodique Universel qui se tiendra en mai 2018.
Apprendre la haute-couture française : une formation pour accéder à des emplois qualifiés Projet de formation professionnelle porté par Street Children’s PARTNERS au Bangladesh, destiné à 92 enfants, âgés de 10 à 18 ans, hébergés dans l’orphelinat « Maer Achol » créé par l’ONG. L'objectif principal du projet est d'accroître les possibilités d'emploi de certains enfants des rues démontrant des aptitudes, en leur offrant une formation professionnelle dans le domaine de la haute-couture.
Cambodia Trade Development Support Program (RETF093573) The Trade Development Support Program will contribute to increase the Royal Government of Cambodia's efficiency informulating andimplementing effective trade policies.
Multi Donor Trust Fund for TradeRelated Assistance in Cambodia The overall objective of this multi-donor trust fund for trade-related  assistance, the Trade Development Trust Fund (TDTF) is to maximize the  contribution of trade to economic development and poverty reduction in  Cambodia. The purpose of the activities to be funded by the TDTF are  to increase efficiency in policy implementation, transparency in  trade-related transactions, export competitiveness, and enhance  institutional and human capacity.
Los Heroes Gender The proposed investment (The Project) consists of a 5-year loan of up to US$60 million to Caja de Compensacion de Asignacion Familiar Los Heroes (Caja Los Heroes, Los Heroes or the Company) to expand the Companys women social credit portfolio, consisting of retirees and low-income workers. The financial package comprises an up to US$35 million A loan, out of which US$30 million will be processed in local currency (CLP) and the remaining US$5 million in USD, and an up to US$25 million B Loan which will be fully processed in USD. Summary: The most significant, expected project-level impact is derived from the increase in access to finance to women, both workers and retirees. Beyond the project, the main source of expected market impact is derived from expanding the Cajas de Compensacion funding sources, promoting integration in the Chilean economy.

Project Outcome
- Stakeholder effects: Increased access to loans for women including women in the low to middle-income segments and retirees: IFC anticipates that the Project will improve access to finance for women, including those who are from the low to middle income segments, and retirees. Los Heroes has over 1.2 mm members and primarily focuses on serving the underserved segments; over 50% of borrowers are women, about 60% of loans are granted to retirees, 80% of loans are granted to borrowers from the low-middle income segments.
Market Creation
- Integration: Limitations to the sustainable expansion of the Cajas system include limited access to funding sources. The Cajas were solely reliant on domestic funding until 2017, when through a joint cooperation between Los Heroes and IFC, a regulatory change was approved to allow the Cajas to receive funding from international investors. As noted previously, the primary clientele of the Cajas in Chile are the financially underserved and through their reach and market knowledge, essential to address inequality in access to finance. For example, on average, about 78% of Los Heroes loans are granted to affiliated members earning an income that is below the poverty line. Unlocking the funding side bottleneck is, therefore, necessary step to expand access to credit throughout the socio-economic segments in the Country.
CTA Project The proposed project consists of the construction and operation of 2x165MWe circulated fluidized bed (CFB) technology thermal power units in northern Chile to be fired by a combination of coal, petroleum coke, and biomass fuels.  The project sponsor is Suez Energy Andino (project sponsor), a subsidiary of Suez S.A. (France).  The first 165MWe unit (Unit 1) is to be developed by Central Termoeléctrica Andina S.A., (CTA), while the second 165MWe unit (Unit 2), with essentially the same characteristics, will be developed through a separate special purpose company.   Both Unit 1 and 2 will be selling power to the spot market.  To hedge the exposure against spot market volatility, Unit 1 already signed a 21-year financial contract or power purchase agreement (PPA) with Corporación Nacional del Cobre S.A. (Codelco), a Chilean state-owned copper mining company, for 150 MW capacity sales.  Furthermore, with respect to Units 1 and 2, CTA entered into a turn-key contract with Cobra Instalaciones y Servicios S.A. (Cobra), a company of ACS S.A. (Spain).  Notice to proceed to the EPC contractor for the construction of the first unit (165 MW) was issued on July 1, 2007 and for the second unit on December 31, 2007.  The construction period is expected to take 33 months.  With respect to Unit 2, the PPA arrangements are yet to be finalized. In light of the recent gas disruptions from Argentina to Chile, the Chilean Government is emphasizing the diversification of the energy matrix, which includes the development of coal-fired power plants such as CTA and the other special purpose company for unit 2, in order to mitigate the impact of similar gas disruptions in the future. Following the gas disruption crisis from Argentina, a number of investment decisions to build new gas-fired power plants in Chile have been postponed due to uncertainty in gas availability and pricing. Further, the gas crisis has lead to an increase in the cost of electricity supply in Chile as it was necessary at times for thermal units to burn diesel oil instead of gas.  The project will help mitigate gas supply reliability issues in the Northern Interconnected System of Chile (SING), which supplies the northern zone of the country, and introduce the latest available CFB technology, thereby mitigating, to the extent possible, the impact of thermal coal power generation.
La Confluencia The project (La Confluencia or the project) consists of the development, construction, and operation of a 158 MW run-of-the-river hydro power plant to be located in the Tinguiririca and Portillo Valleys east of the city of San Fernando in Region VI of Chile. The project area is located in the foot hills of the Andes Mountains, approximately 75km south east of the city of San Fernando. Being a run-of-the-river hydropower plant, the project will generate power at a very low cost and will be among the first power plants in the system to be dispatched. The project is located in a remote and mountainous area and is expected to have a very small environmental footprint. The project supports the World Bank Groups emphasis on promoting low-cost renewable energy. In light of the recent gas disruptions from Argentina to Chile (gas curtailments from Argentina were about 6.2 million m3/day on average in 2006 out of a total average daily demand of 22 million m3/day), the Chilean Government is emphasizing the diversification of the energy matrix and the successful implementation of hydropower projects such as La Confluencia, in order to mitigate the impact of similar gas disruptions in the future. Following the gas disruption crisis from Argentina, a number of investment decisions to build new thermal plants in Chile have been postponed due to uncertainty in gas availability and pricing.  Further, the gas crisis has lead to an increase in the cost of electricity supply in Chile as it was necessary at times for thermal units to burn diesel oil instead of gas.  The project is a low cost producer of renewable energy and will contribute to the expansion of hydroelectric generation capacity in the Central Interconnected System of Chile (SIC) which supplies the central zone of the country. The primary objective of the project is to help meet electricity demand growth in the SIC, which averaged about 6% per year from 2003 to 2006. As the projects water inflows are primarily determined by snow and glacier melting, the projects hydrology is not closely correlated with that of the system. Hence, it is expected that the project will be available to dispatch at full load from November through March during the dry season, when the hydrology in the system is below average and the SIC has a higher dependency on more expensive thermal generation. The project will therefore provide important climate change mitigation through displacement of thermal generation.
Magallanes EQ The proposed project consists of a combined equity investment of up to $ 10 million in newly issued common shares of Aseguradora Magallanes S.A. and Aseguradora Magallanes de Garantía y Crédito S.A. (both companies combined, AM).  The capital increase is expected to reinforce AMs capital base. The project will represent IFC's first insurance investment in the Southern Cone, which should act as a catalyst for more minority investors to come into the market, both in Chile and in the rest of the sub-region. IFC's participation in AM is expected to:

(i) Continue to increase availability of general insurance products in Chile, particularly in the areas of life and agribusiness insurance;

(ii) Support Chilean small and medium enterprises through the provision of competitive credit insurance through the recently created "garantia y credito" operations, which is targeted towards underserved Chilean SMEs.
Tanner CL II The proposed project consists of a 5-year loan for up to US$50 million to be provided by IFC to Tanner Servicios Financieros SA (Tanner or the Company") and a 3-year loan for up to US$50 million to be mobilized from other lenders under IFC''s B lender program to support its lending activities to small and medium enterprises (SMEs) in Chile.  Tanner is one of the leading Chilean non-banking financial institutions, with a market share of 8% in the factoring market as of December-end 2015 and among the main players in the country (holding the 6th place in 2015). Diversified business model focused on secured lending that includes Factoring, Leasing, Corporate lending and Auto Financing. In addition, the Company offers stock, commodities and insurance brokerage services through subsidiaries. As of December 2015, Tanner has over 51.200 active clients, mainly Chilean SMEs. IFC''s long-term financing is expected to bring high development impact by enhancing Tanner''s capacity to support access to finance for SMEs, resulting in higher growth, employment generation and poverty reduction. Furthermore, the project would also generate a demonstration effect by signaling other private investors about the potential presented by both the factoring and the SME sector in Chile.
Caja 18 Loan The proposed investment (The Project) consists of a 4-year with a 2-year grace period senior loan of up to US$45 million to Caja de Compensación de Asignacion Familiar 18 De Septiembre (Caja 18 or the Company) to expand the Companys social credit portfolio, including: (i) retirees; and (ii) women workers. The financial package includes an up to US$10 million A loan and an up to US$35 million mobilization, which includes US$30 million syndicated B-loan and US$5 million senior loan from IFC acting in its capacity as implementing entity for the Managed Co-Lending Portfolio Program (MCPP). The Project is in line with IFCs strategic goal of ensuring financial and social inclusion, as well as with the WBG Gender Strategy of removing barriers to womens ownership and control of assets. Project Outcome 
-Stakeholder effects: Increased access to finance for women workers and retirees/seniors. IFC expects the project to improve access to finance for underserved women workers and retirees. Chile's elderly population and women have limited access to financial products and alternative sources of financing remain expensive: As of June 2023, only 23 percent of the banking system's commercial loans were dedicated to women. In addition, only 53 percent of the country's population over the age of 60 have used a financial service, while only 20.4 percent have access to non-bank credit cards and 10 percent have access to bank credit cards. Caja 18 has demonstrated its willingness to strengthen its strategy for women workers and retirees by increasing its portfolio for these two segments. 

Market Creation 
- Integration: One of the limitations for the sustainable expansion of the Cajas system is the limited access to funding sources as the Cajas are reliant on local banks for funding, which tend to be limited in amount and tenor. Moreover, the Cajas have been vulnerable to banks' risk-averse behavior originally triggered by the difficulties faced by some of these players in the past, which were later exacerbated by the occurrence of the COVID-19 pandemic. IFC anticipates that the Project will catalyze additional investors to the Cajas sector in Chile, by demonstrating the financial soundness and good governance of these institutions. The Project leverages both the regulatory change in 2018 allowing the multilateral investors to provide funding to Cajas, as well as IFC's ongoing project with Caja Los Heroes and aspires to promote the involvement of other international investors in the sector. By strengthening the resilience of the Cajas, IFC ultimately aims at improving access to finance for the underserved segments as these have a strong foothold and strategic reach.
La Higuera Project Hidroelectrica La Higuera (HLH or the project) is a 50:50 joint venture formed in May 2004 by Pacific Hydro Limited (PHL) and Statkraft Norfund Power Invest AS (SNPI), collectively, the sponsors.  HLH will build, own and operate a 155 MW run-of-the-river hydro power plant located in the Tinguiririca Valley east of the city of San Fernando. The project diverts the Tinguiririca River and its major tributary Azufre just upstream of their confluence.  At a gross head of 367 meters and a design flow of 50 m3/s, the installed capacity is 155 MW in two generating units equipped with vertical Francis turbines in a surface powerhouse.  Firm capacity is estimated at 128 MW and average annual energy production at about 840 GWh.  A 38 km long transmission line will be built to connect with Chiles central grid at San Fernando.
Norvind S.A. The project comprises the construction and operation of the 46 MW Totoral Wind Farm in Chiles IV region, on a site located between the Pacific coast and the Pan-American Highway.  The project will comprise of 23 x 2 MW turbines and will include a 4km 66kV transmission line to a substation at the main 220kv grid of the Sistema Interconectado del Central (SIC), Chiles largest grid system.  Operation is scheduled to begin in November 2009. The project will:   - be the second grid connected wind farm in Chile and the first project financed wind farm, adding approximately 110 GWh per annum of wind power to the grid and supporting capacity building in Chiles nascent wind market;  - contribute to the Chilean governments ambitious target of 5% energy contribution from NCRE and provide a demonstration effect as the first project to be financed based on the incentives created under the new law;  - provide diversification to the Chilean energy mix which is currently overly dependent on hydro and diesel (in place of natural gas);  - reduce local (SOx and NOx) air pollution, which is particularly evident with the heavy winter smog in Santiago, by substituting heavily polluting coal and oil-fired capacity;  - reduce global air pollution by replacing fossil fuel powered capacity and contributing approximately 70,000 tCO2e /year in carbon emission reductions;  - contribute to increased power generation capacity to address the crisis created by the loss of Argentinean gas supply; and  - create 200 local jobs during construction and approximately 10 permanent jobs during operation.
VMLA - Chile Virgin Mobile Latin America (VMLA or the Sponsor) has Mobile Virtual Network Operator (MVNOs) licenses in Chile, Colombia, Mexico and Peru, and has filed for license in Uruguay, Bolivia, Brazil and Argentina. VMLA has recently launched operations in Chile.  IFC will be providing up to US$11 million C loan to fund Virgin Mobile Chile SpA (VMC or the Company).  VMC will be offering mobile phone services targeting the youth segment with a targeted offering that will expand mobile broadband usage with attractive data packages. The Project is expected to have the following development impacts:   i. Greater availability, affordability & accessibility of mobile services: Mobile Virtual Network Operators ("MVNOs") contribute towards expanding reach, lowering the cost and increasing competition in mobile telephony. Besides voice services, VMLA''s product offering will support further expansion of mobile broadband, particularly in niche markets that have not been successfully served by traditional Mobile Network Operators ("MNOs"). Particularly, VMLA will target the youth market which has more limited purchasing power than other population segments.  In this regards, VMLA is positioning itself as the first pan-LAC MVNO, targeting the youth sector with highly segmented and tailored voice and data offerings.  ii. Efficiency gains in the telecom industry through the sharing of infrastructure: The concept behind MVNOs is the sharing of telecoms infrastructure with existing mobile network operations (i.e, VMC will use Movistar''s network to provide its services). The specialization enables the use of existing spare capacity for niche markets through the sharing of infrastructure, ultimately contributing to generate greater efficiencies of the telecom industry overall.  iii. Greater availability of broadband services (mobile in this case) and innovation: Greater access to mobile broadband is expected to contribute towards improving productivity and generate economic efficiencies. The contributions of broadband connectivity to economic growth, and as a kick-starter of other innovative business models (e-health, e-education, e-commerce, etc.), are widely accepted.
Proa Fondo de Inversion de Desarrollo de Empresas SUMMARY OF PROJECT INFORMATION (SPI)    Project Name			Chile-Proa Fondo de Inversion de Desarrollo de           Empresas     Region				Latin America and Caribbean    Sector				Finance    Project No.			004611    Projected Board Date	June 12, 1995    Company Name			Proa Fondo de Inversion de Desarrollo de Empresas    Technical Partner and/or Major Shareholders    	The Fund''s Manager would be a subsidiary of the principal sponsor Moneda Asset Management S.A. ("Moneda"), which is an IFC-supported domestic Chilean fund management company that began operations in 1994.  Moneda is owned by IFC, Larraín Vial S.A. and jointly by Messrs. Sergio Undurraga, Antonio Cruz and Pablo Echeverría, key managers of Moneda.  Companies in the Larraín Vial group are among Chile''s largest investment banks and brokerage firms.    Project Cost including proposed IFC investment    	The Fund plans a target size of US$50 million, to be raised primarily from domestic institutions such as pension funds and insurance companies.  IFC would invest the lesser of US$10 million or 20% of the Fund''s shares and about US$140,000 in the Fund''s Manager through a capital increase of Moneda.    Location of project and Description of site    	Santiago, Chile    Description of Company and Purpose of Project    	The projects involves the establishment of a new closed-end private equity fund, Proa Fund (the "Fund") and related fund management company.  The Fund''s primary objective is to achieve long term capital appreciation through equity investments in medium-sized unlisted Chilean companies.  Through enhancing management and providing hands-on technical assistance, the Fund will seek to improve the competitiveness and growth of investee companies.      Environmental Categories and Issues    	This is a Financial Intermediary (FI) category project according to IFC''s environmental review procedure.  The management team has committed to implement an environmental risk management system and to attend IFC''s Environmental Risk Management training.     Date SPI sent to PIC		May 10, 1995     For additional Information contact:  Corporate Relations Unit - telephone (202) 473-7711 - facsimile: (202) 676-0365.     l:\clacm\chile\alianza\sp004611.wpf