General
oor de periode 2019-2020 werd een bedrag van 50 miljoen euro aan klimaatmiddelen toegekend aan BIO.1 In 2019 en 2020 ontving BIO telkens 25 miljoen middelen voor investeringen in klimaatprojecten. Voor 2021 was in de tweede beheersovereenkomst geen bedrag voorzien. De toekenning van eenzelfde bedrag zoals de voorgaande 2 jaar van 25 miljoen euro geoormerkte code-8 mid-delen aan BIO gebeurde met een wijziging van het tweede beheerscontract (KB).
Results
The Contribution a BIO pour le financement des projets lies au climat is an investment initiative within the framework of international climate policy financing, primarily targeting low-income and lower middle-income countries. This project aims to strengthen and support businesses' capabilities and activities in technical, financial, administrative, social, and environmental sectors, as well as in governance, good governance, and digitalization. The project involves technical assistance aimed at improving the economic, social, and environmental performance of the targeted businesses and conducting studies to determine whether a project is technically feasible and economically viable. The project was established under the Belgian Investment Company for Developing Countries (BIO), which was founded by the Belgian State and the Belgian Society for International Investment in 2001. The BIO operates as a joint venture company, with both parties able to participate in its capital and provide various forms of business financing. The project also involves partnerships with specialized businesses experienced in foreign investment or local entrepreneurship, particularly those focused on social economy, in developing countries. The initiative is aligned with the United Nations Economic and Social Council's categorization of countries, which includes low-income, lower middle-income, upper middle-income, and high-income countries. The project aims to support investment funds, holdings, or investment companies exclusively focused on businesses based in the intervention countries, as well as banking and non-banking financial institutions such as commercial banks, microcredit institutions, leasing companies, factoring companies, and insurance companies that provide services to businesses and populations within the intervention countries.
General information
Title
Contribution à BIO pour le financement des projets liés au climat
ID
XM-DAC-2-10-3150
Start date
End date
Activity status
Implementation
Budget
€0
Actor
BIO - Belgian Investment Company for Developing Countries - BIO
Sector
Environmental protection - Policy and administrative management
Policy markers
Gender 1
Environment 1
Climate: Mitigation 1
Climate: Adaptation 1
Aid type
Core support to NGOs, other private bodies, PPPs and research institutes
Fragile state
No
Least developed country
No
Budgetline
54 61 856101 Deelnemingen binnen de overheidssector - investeringen in BIO in het kader van internationale financiering van het klimaatbeleid
Finance type
GRANT
Tied status
No
Flow type
ODA