• The project will expand access to quality education and high-performance sports training for Guatemalan youth.

WASHINGTON, D.C. – IDB Invest is supporting over 13,000 Guatemalan Youth through an education and sports project with a total financing package of $37.2 million for Fundación Montesquieu to develop the San Cristobal Green Academics and Sports Campus (CSC) infrastructure project in Guatemala. 

Located in San Cristóbal, Mixco, Department of Guatemala, the initiative includes subsidiaries Corporación Educativa Montesquieu and High Learning Operations. The project will help design, build, and operate a state-of-the-art academic and sports complex, addressing key development gaps.

This initiative is aligned with IDB Group’s América en el Centro program, which aims to mobilize public and private resources to empower youth, promote opportunities, and build a more integrated, resilient, and productive region across Central America, Panama, and the Dominican Republic. 

The CSC campus is designed to serve 1,400 students from preschool to high school, 10,000 university students, and 2,000 users of its Olympic-level sports facilities. Spanning 29,115 square meters, it will include five buildings dedicated to academic and athletic activities, offering education from preschool to university level and hosting first-class infrastructure for sports development.

The financing package includes funding from IDB Invest ($18.7 million) and the Canadian Climate Fund for the Private Sector in the Americas – Phase II (C2F2) ($7.5 million). The project also mobilized financing from the Central American Bank for Economic Integration (CABEI) ($11 million).

The C2F2 funding covers the additional costs of climate-resilient design and supports performance-based incentives to foster inclusion, particularly for indigenous students and women pursuing STEM careers. The project also features scholarships, academic support services, and a Corporate Governance Action Plan to ensure long-term impact.

This is the first climate-resilient and sustainable social infrastructure project in Guatemala and one of the first in Latin America and the Caribbean to have the Fast-Infra label verified.

About IDB Invest

IDB Invest is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of US$21 billion in managed assets and 394 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that respond to the needs of its clients in various sectors. Visit our website idbinvest.org.

About the Canadian Climate Fund for the Private Sector in the Americas – Phase II

The Canadian Climate Fund for the Private Sector of the Americas - Phase II, is a fund administered by the Inter- American Development Bank.  The purpose of the Canadian Climate Fund is to catalyze greater private investment to climate change mitigation and adaptation projects in Latin America and the Caribbean, offering concessional financing to projects that do not benefit from a sovereign guarantee, paying special attention to the poorest and most vulnerable countries. The main areas of investment are generation technologies with renewable energy and storage, energy efficiency, sustainable transport and projects to reduce greenhouse gases, including reforestation, sustainable agriculture and improvement of land use, as well as supporting adaptation to vulnerability to climate change. The resources have a transversal investment mandate to promote gender equality.

About Fundación Montesquieu

 It is a group of Guatemalan professionals and entrepreneurs who came together in 1995 to establish a board of trustees and found the Universidad de Occidente as an extension of Universidad Francisco Marroquín (UFM), with the aim of continuing the material, intellectual, and educational legacy of the Philosophy of Liberty and contributing to the country’s progress. Universidad de Occidente was officially approved on February 4, 2010, and currently has 14 branches across various departments of the country, 8 faculties, more than 120 university programs, and over 10,500 students.