Sustainable Energy and Climate Change Initiative (SECCI) - Inter-American Development Bank

Donor: 
Any donor
International Finance Institutions
Geographical focus: 
Global
Americas
Thematic focus: 
Tourism in general
Energy in Tourism
Sustainability of natural resources in Tourism
Intro text: 
The Sustainable Energy and Climate Change Initiative (SECCI) was established in 2009. SECCI is financing activities aiming at expanding investment in renewable energy and energy efficiency technologies.

Official website

http://www.iadb.org/en/topics/climate-change/secci,1449.html

Geographic focus

Latin America and the Caribbean.

Who can apply?

  • Central governments;
  • Provinces;
  • Municipalities;
  • Private firms; and
  • NGOs.

Objectives and activities

Objective:

The goals of the Sustainable Energy and Climate Change Initiative are centred around the provision of comprehensive sustainability options in areas related to the energy, transportation, water and environmental sectors as well as building climate resilience in key priority areas vulnerable to the impacts of climate change.

Activities:

  • Increasing access to international carbon finance;
  • Mainstreaming of adaptation to climate change into the policies and programs across sectors in the region; and
  • Encourage higher levels of sustainability in biofuels projects by providing a tool to think through the range of complex issues associated with biofuels.

Tourism-related activity eligible for funding: Caribbean Carbon Neutral Tourism Project (Bahamas, Belize, Guyana and Trinidad and Tobago).

Type and level of funding

Type of funding: grants, concessional financing and guarantees. The level of funding is not defined. Donors of the fund are: Austria, Germany, Finland, Italy, Japan, Korea, Spain, Switzerland and the United Kingdom.

The IDB has been designated as an implementing agency of the SECCI. In order to support the objectives of SECCI, the IDB will continue to provide new and additional financing for investment in green technologies to mitigate the challenges and increased risks of climate change.