Support for the Transition of the Energy Matrix in Ecuador II

The program's general objective is to support the country to achieve its climate change objectives in the energy sector, and contribute to the consolidation of fiscal and external accounts, through policy reforms. The specific objectives of the second programe are: (i) to support the advancement of the replacement of fossil fuels with electricity and to increase energy efficiency measures; (ii) promote access to electricity and strengthen conditions for increasing the use of renewable energy sources; and (iii) advance the implementation of the country's commitments for the exchange of greater electricity in the region.

Project Detail

Country

Ecuador

Project Number

EC-L1265

Approval Date

June 4, 2020

Project Status

Closed

Project Type

Loan Operation

Sector

ENERGY

Subsector

ENERGY EFFICIENCY AND RENEWABLE ENERGY IN END USE

Lending Instrument

Préstamo de Apoyo a Reformas de Política

Lending Instrument Code

PBL

Modality

PBP (Programmatic Policy Base Loan)

Facility Type

Environmental Classification

Uncategorized Directive B.13

Total Cost

USD 280,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 280,000,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
5044/OC-EC	Sovereign Guaranteed	USD - United States Dollar	May. 2, 2024	Jun. 17, 2020	Ordinary Capital	Flexible Financing Facility

Operation Number

5044/OC-EC

Lending Type: Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: May. 2, 2024
Signed Date: Jun. 17, 2020
Fund: Ordinary Capital
Financial Instrument: Flexible Financing Facility

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Closed Phase

https://www.iadb.org/document.cfm?id=EZSHARE-1224662774-84

Project Completion Report

PCR Programa EC-L1140 y L1265 - version final.pdf

Feb. 02, 2023

Spanish

Implementation Phase

https://www.iadb.org/document.cfm?id=EZSHARE-2056220512-8823

Loan Contract

Contrato - Apoyo al Cambio de la Matriz Energética del Ecuador II.pdf

Feb. 09, 2022

Spanish

https://www.iadb.org/document.cfm?id=EZSHARE-965128629-48798

Loan Contract

Support for the Transition of the Energy Matrix in Ecuador II.pdf

Jun. 15, 2020

English

https://www.iadb.org/document.cfm?id=EZSHARE-965128629-48799

Loan Contract

Apoyo al Cambio de la Matriz Energética del Ecuador II.pdf

Jun. 15, 2020

Spanish

https://www.iadb.org/document.cfm?id=EZSHARE-1224662774-74

Loan Proposal

Ecuador. Loan proposal for the project Support for the Transition of the Energy Matrix in Ecuador II.pdf

May. 27, 2020

English

https://www.iadb.org/document.cfm?id=EZSHARE-1224662774-73

Loan Proposal

Propuesta de Préstamo y Anexos EC-L1265.pdf

May. 27, 2020

Spanish