CO-L1124 : CTF Energy Efficiency Financing Program for the Services Sector

Project Status
Implementation

The objective of the program is to support Colombia's efforts to reduce GHG emissions though the financing of energy efficiency and cogeneration measures in the hospitality and health services industries. In order to achieve this objective, the existing financing gap for energy efficiency and co-generation measures, particularly at the level of small- and medium-sized enterprises, needs to be filled through the provision of long-term investment funding, through eligible financial intermediaries, at financial terms and conditions that mitigate existing market failures.

PROJECT DETAIL

Project Number CO-L1124
Operation Number 2983/TC-CO
Country Colombia
Sector FINANCIAL MARKETS
Subsector FINANCIAL MARKETS-BANKING MARKET DEVELOPMENT
Project Type Loan Operation
Environmental and Social Impact Category Uncategorized
Project Status Implementation
Approval Date SEP 12, 2013
Contract Signature Date DEC 12, 2014
IDB Financing * 10.00

PROJECT INFORMATION

Total Cost H USD 10,000,000
Financing Type Single Currency Facility
Fund CTF
Reporting currency USD - United States Dollar
Reporting Date OCT 31, 2017
Undisbursed Amount H USD 50,000
Disbursed to Date R USD 9,950,000
Amount Outstanding R USD 9,950,000
Income Collected R USD 121,754
PORTFOLIO DETAILS
Key Value
H Historical
R Revalued

*For active and closed projects, the IDB financing at Board approval is shown in US$ millions. This does not reflect any cancellations. For projects in Preparation the amount shown is the Estimated IDB Financing. Approved projects shows either Estimated IDB Financing or Historic Approved amount. The IDB financing for projects in the pipeline is indicative and may be modified during the project preparatio

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