[{"bbox": [100, 87, 413, 118], "category": "Section-header", "text": "## 3.5 The Intervention Logic"}, {"bbox": [111, 133, 1173, 294], "category": "Text", "text": "The objective of the proposed action is to bring the EU Green Deal to Ecuador, building on the EU achievements in this regard, so that Ecuador can institutionalise its own national Green Deal framework. In addition, it will promote structural changes in various sectors, and promote the mobilisation of large-scale green funds towards climate-smart investment projects at decentralised level with a special focus on GADs with high prevalence of chronic childhood malnutrition. It will do so whilst creating a cooperative platform for civil society to take an active part in local development and demand change for the better."}, {"bbox": [111, 304, 1173, 519], "category": "Text", "text": "This is the flagship Team Europe action in Ecuador, representing over a third of the resources of the MIP until 2025 (EUR 15 M out of EUR 40 M). It has been developed in collaboration with the European Investment Bank, which has already granted a first loan of USD 100 million to the BDE in December 2021, which is being matched by an equivalent amount by the BDE, and for which reason the creation of a pipeline of bankable projects is paramount. The EIB stands ready to consider additional resources as the first funds are assigned to specific projects. The same applies to the AFD, and potentially to KfW too, which appointed a first representative to the country in mid-2022. At the implementation level, a joint EU-DE collaboration will be delivered by GIZ relating to specific objective 2 on sustainable urban mobility and objective 3 on bankable sustainable urban projects."}, {"bbox": [149, 531, 1173, 639], "category": "List-item", "text": "* If the access to financing mechanisms for the implementation of prioritised projects aligned with the enabling framework for the ecological transition is achieved, THEN the first steps of the ecological transition through investment in productive clusters will most likely take place in the given sectors, BECAUSE this type of projects often lacks financial support."}, {"bbox": [149, 651, 1173, 733], "category": "List-item", "text": "* If the Financial mechanisms to support productive sectors towards the ecological transition are developed, THEN there will be a high possibility that a Green Deal Financial Framework for the Ecological Transition is developed, BECAUSE productive sectors need additional investment to engage in green activities."}, {"bbox": [149, 745, 1173, 826], "category": "List-item", "text": "* If the demand from local governments to increase sustainable mobility in Ecuador is boosted, THEN the gap between supply and demand for financing the technological transition towards sustainable mobility will be reduced, BECAUSE sustainable mobility projects will be prioritised if financial support is available."}, {"bbox": [149, 838, 1173, 947], "category": "List-item", "text": "* If personal and institutional capacities for development and implementation of previously identified bankable mitigation projects are created in the cities and municipalities, THEN, the conditions for bankability of such projects will most likely be achieved, BECAUSE local institutions often lack capacities to produce bankable proposal proposals."}, {"bbox": [149, 959, 1173, 1093], "category": "List-item", "text": "* If the advice to national development banks for the implementation of incentive systems and new financing products for municipalities and transport operators so that they can implement technological transition is effective, THEN this will contribute to the reduction of the gap between supply and demand for financing the technological transition towards sustainable mobility viable, BECAUSE national development banks often lack the capacity to provide financial instruments to fund sustainable mobility initiatives."}, {"bbox": [149, 1105, 1173, 1213], "category": "List-item", "text": "* If the BDE is strengthened as a financial intermediary in its ability to identify eligible mitigation projects and prepare identified projects so that these comply with the necessary international financing standards (EIB, AFD, etc.), THEN one important step in the conditions for bankability of mitigation projects in municipalities will be achieved, BECAUSE the BDE is a key financial partner for municipalities."}, {"bbox": [149, 1225, 1173, 1334], "category": "List-item", "text": "* If the capacities of the municipal governments with the highest prevalence of chronic child malnutrition in the Sierra, and Coast are strengthened for the development and implementation of water and sanitation projects, THEN, there will be a strengthening of such GADs, BECAUSE project proposal preparation has been a weakness of municipal governments."}, {"bbox": [149, 1346, 1173, 1452], "category": "List-item", "text": "* If the provision of technical assistance to GADs in public finance management, budget planning, oversight of water and sanitation projects financed by the BDE is effective; THEN a reduction of chronic childhood malnutrition will be possible, BECAUSE GADs will be better prepared in providing water and sanitation to children."}, {"bbox": [186, 1514, 260, 1540], "category": "Text", "text": "Finally:"}, {"bbox": [149, 1552, 1144, 1606], "category": "List-item", "text": "* If the ecological transition is supported through investment in productive clusters and financial mechanisms;"}, {"bbox": [1040, 1666, 1157, 1690], "category": "Page-footer", "text": "Page 15 of 29"}]