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The OPEC Fund
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  2. Building a Regional Platform in Latin America

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Building a Regional Platform in Latin America

Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Peru

Financing Type Grants
Category Energy Poverty
Focus Area Energy
Approved 11.12.2013
Signed 10.03.2014
Loan Administrator OPEC Fund for International Development
Organization SHELL FOUNDATION
OPEC Fund Contribution (US$m) 0.50

The main objective of this project, which has two components, was to improve access to efficient cooking stoves in Sub-Saharan Africa and Latin America, and to begin manufacturing them in the later region. Component 2 of the project setup a regional hub for seven Latin American countries for manufacturing and distribution of a type of cookstoves that OFID supported in an earlier project, which was implemented by the same partners. The number of direct beneficiaries in Latin America reached about 208,650 people.

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