A call was launched to finance environmental projects for $ 9,500,000, with funds from the debt swap with Italy

In 2016, the governments of Ecuador and Italy signed the second agreement for the conversion of debt into development projects.

growth was in the order of 20% in dollars and 8% in volume, compared to 2020. Until December, this segment managed to place $18,091 million in different destinations worldwide.Ministry of Foreign Relations and Human Mobilityand theItaly Embassy in EcuadorThey launched this Thursday theENVIRONMENTAL CALLEDS 2021, to select and finance environmental projects by$9′500.000, fromDebtbetween ecurator and Italy.

"These types of initiatives strengthen the interventions that the current government has drawn through emblematic projects such as Safe Water and Sanitation Mission for all, and the Ecuador Reverdecece Program, which aims to conserve the biodiversity of Ecuador," explained the chancellorManuel Mejía Dalmau.

In 2016, the governments of Ecuador and Italy signed the second agreement for the conversion of debt into development projects, according to which the debt exchange program was established - Ecuadorian italus for sustainable development (Fieds).

The contribution was established that year in 35 million euros, with a validity of 10 years.

These resources are aimed at financing projects in the most vulnerable and priority sectors for Ecuador, through open calls.

Meanwhile, the FIEDS 2021 environmental call is aimed at the fight against climate change, in three priority themes: the protection and conservation of forest natural heritage; The improvement of the integral management of non -hazardous waste and hazardous waste in the country, and the circular economy.

Mejía added that the selection and economic contribution of these axes are not isolated, on the contrary, they seek to complement each other with other activities that are already underway or that will begin soon. The aforementioned, is part of the Constitution of the Republic and is a contribution to meet the 2030 sustainable development objectives, the Foreign Minister ratified.

For its part, The business manager of the Italy Embassy, ​​Andrea Rapido, He pointed out that the call represents "a great opportunity for Ecuador, a country very committed to the environment, and that in the future can strengthen its vision and environmental objectives to always be more sustainable and respectful of nature."

The requirements established in the terms of reference and in the regulatory and programmatic framework of the FIEDS will be available on the website: www.fieds.org.