[{"@context":"http:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/wiki.edu.vn\/en\/wiki21\/china-lac-cooperation-fund-wikipedia\/#BlogPosting","mainEntityOfPage":"https:\/\/wiki.edu.vn\/en\/wiki21\/china-lac-cooperation-fund-wikipedia\/","headline":"China-LAC Cooperation Fund – Wikipedia","name":"China-LAC Cooperation Fund – Wikipedia","description":"before-content-x4 From Wikipedia, the free encyclopedia after-content-x4 The China-LAC Cooperation Fund (abbreviated CLAC Fund) is a multilateral investment and financing","datePublished":"2021-06-20","dateModified":"2021-06-20","author":{"@type":"Person","@id":"https:\/\/wiki.edu.vn\/en\/wiki21\/author\/lordneo\/#Person","name":"lordneo","url":"https:\/\/wiki.edu.vn\/en\/wiki21\/author\/lordneo\/","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/c9645c498c9701c88b89b8537773dd7c?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c9645c498c9701c88b89b8537773dd7c?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Enzyklop\u00e4die","logo":{"@type":"ImageObject","@id":"https:\/\/wiki.edu.vn\/wiki4\/wp-content\/uploads\/2023\/08\/download.jpg","url":"https:\/\/wiki.edu.vn\/wiki4\/wp-content\/uploads\/2023\/08\/download.jpg","width":600,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/e\/e5\/Belt_and_Road_Initiative_participant_map.svg\/150px-Belt_and_Road_Initiative_participant_map.svg.png","url":"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/e\/e5\/Belt_and_Road_Initiative_participant_map.svg\/150px-Belt_and_Road_Initiative_participant_map.svg.png","height":"76","width":"150"},"url":"https:\/\/wiki.edu.vn\/en\/wiki21\/china-lac-cooperation-fund-wikipedia\/","wordCount":2212,"articleBody":"     (adsbygoogle = window.adsbygoogle || []).push({});before-content-x4From Wikipedia, the free encyclopedia       (adsbygoogle = window.adsbygoogle || []).push({});after-content-x4The China-LAC Cooperation Fund (abbreviated CLAC Fund) is a multilateral investment and financing cooperation fund established by the Chinese government. The CLAC Fund is divided into a US$2 billion co-financing facility and US$3 billion investment fund. Both the co-financing facility and fund support investments and projects in Latin America and the Caribbean.[1]It is one of three multilateral cooperation funds created by the Chinese government to advance the economic relationship between China and Latin America. The other two are Sino-Latin American Production Capacity Cooperation Investment Fund (China-LAC Industrial Cooperation Investment Fund) and the Special Loan Program for China-Latin America Infrastructure Project.[2][3]       (adsbygoogle = window.adsbygoogle || []).push({});after-content-x4Investment fund[edit]The initial scale of the investment fund is US$3 billion contributed by the Chinese government. The investment fund is administered by the Export-Import Bank of China.[1] The fund has made investments in Brazil and Jamaica. In Brazil the fund was involved in the acquisition of a project from Duke Energy and an investment in Electrosul.[4]Co-financing fund[edit]The co-financing fund is funded by a capital contribution of US$2 billion from the Chinese government. It is administered by the Inter-American Development Bank (IDB) to finance alongside lending by the IDB for projects in “education, water conservancy and energy, etc.” in Latin America and the Caribbean.[1]References[edit]^ a b c “Introduction of the China-LAC Cooperation Fund”. China-CELAC Forum.^ Li, Yuanbo; Zhu, Xuefeng (April 17, 2019). “The 2030 Agenda for Sustainable Development and China’s Belt and Road Initiative in Latin America and the Caribbean”. Sustainability. 11 (8): 2297. doi:10.3390\/su11082297.^ Gallagher, Kevin (February 12, 2016). “China doubles bets on ailing Latin American economies”. Financial Times.^ Myers, Margaret; Gallagher, Kevin P. (March 30, 2018). “Chinese development finance “down but not out” in Latin America”. 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