NDF - Financing for climate change and development projects

Road Sector Support Program: Developing Adaptive Capacity for Climate Change [NDF C32]

Photo: NDF
21.03.2012
The NDF financed component of the Road Sector Support Program will focus on development of adaptive capacity and integration of climate change aspects into planning and design of road transport infrastructure.

Nicaragua
Road Sector Support Program: Developing Adaptive Capacity for Climate Change
Ref: NDF C32

EUR 4.4 million
Project period: 2012-2017
Partner agency: Inter-American Development Bank (IDB)

Objectives

The Road Sector Support Program has the general objective of making road transport in Nicaragua more efficient in order to stimulate economic activity and contribute to the well-being of the population, while facilitating integration within the country and with the rest of Central America.  The NDF financed component will focus on development of adaptive capacity and integration of climate change aspects into planning and design of road transport infrastructure.

The Road Sector Support Program has five components: A. Improvement of national road network (upgrading of 380 km of roads); B. Institutional strengthening; C. Road safety; D. Reduction of climate change vulnerability; and E. Road maintenance (maintenance of 580 km of roads). NDF finances three sub-components under component D that will have scope across the programme: 1) development of adaptive capacity in Ministry of Transport and Infrastructure (MTI) and National Road Fund; 2) improving the knowledge base for planning and decision-making; and 3) practical experience through pilot projects.

The NDF component will be implemented by MTI with technical assistance from an international consultant (financed by NDF). As a component under the IDB Road Sector Support Program, the monitoring, reporting and evaluation practices of the IDB will be followed. NDF’s funding will be parallel co-financing.

Financing

Total cost of the program will be EUR 49.6 million, of which NDF will provide EUR 4.4 million, IDB EUR 45.0 million (USD 59.2 million) and local counterpart financing EUR 0.2 million.

NDF Contact

Country Program Manager Aage Jørgensen
Telephone +358 10 618 002

 

Related documents
Grant Agreement C32