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LOANS & CREDITS

Ecuador - Ecuador Risk Mitigation and Emergency Recovery Project

March 15, 2016

WASHINGTON, March 15, 2016 - The World Bank’s Board of Executive Directors today approved the following project:           

Ecuador - Ecuador Risk Mitigation and Emergency Recovery Project

  • IBRD Loan: US $150 million equivalent
  • Terms: Maturity = 35 years   Grace = 18 years
  • Project ID: P157324

Project Description: The objectives of the project are to reduce the potential effects of the El Niño phenomenon and the Cotopaxi volcano, and to support the resumption of basic and productive services in case of a natural disaster.

For more information, please visit here:

https://www.worldbank.org/projects/P157324/?lang=en&tab=overview


Media Contacts
In Washington, DC.
Marcela Sánchez-Bender
Tel : +1 (202) 473-5863
msanchezbender@worldbank.org

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