Project Concept Development for Panama Canal Green Corridor Initiative
Project Type
Project Preparation (Pre-Concept Paper Support)
Sector
Transport and Logistics
Country/Region
Panama
Implementing Partners
Development Bank of Latin America and the Caribbean
Financing Type
N/A
Total Financing
USD157,500
Project Description
The MCDF grant will provide concept development support to create a comprehensive plan to promote the efficiency, resilience, and sustainability of shipping via the Panama Canal and parallel rail and road-based goods flows. The main objective is to set the stage for investment projects in green logistics infrastructure and technology. Such investments are required to address problems associated with mounting water deficiencies at the Canal due to climate change.
Alignment with MCDF Core Values
Transport and logistics are among MCDF’s priority sectors.