The objective of this programmatic series and the first operation is to support the Government of Colombia in implementing the necessary reforms and sectoral policies to ensure sustainable and efficient supply of energy, quality, coverage and reliability. The specific objectives are: (i) the adoption of policies to promote the incorporation of non-conventional renewable energy sources, energizing non-interconnected zones and efficient management of energy, and demand response; (ii) the adoption of energy policies to address electricity shortages and to ensure adequate supplies of electricity from different sources, including natural gas, and to promote the expansion of the international market and regional integration; and (iii) the adoption of policy reforms to strengthen the wholesale energy market and institutions.
|Subsector||ENERGY-LOW-CARBON ENERGY TECHNOLOGIES|
|Project Type||Loan Operation|
|Environmental and Social Impact Category||Uncategorized|
|Year and Category||2017A|
|Estimated Total Cost H||USD 300,000,000|
|Estimated IDB Financing|
|Financing Type||Policy Base Loan|
|Reporting currency||USD - United States Dollars|
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