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CO-G1007 : Investment Grant for the Risk Transfer Program in Geothermal Power

Project Status: Implementation

The objective of the program is to scale up investment in geothermal power generation projects by making available a financial mechanism tailored to meet the specific needs of a project's earliest development stages, specifically at the exploration phase. To this end, the program intends to trigger power production from geothermal sources, thus contributing to the reduction of global Greenhouse Gas emissions and the diversification of Colombia's energy matrix.

Project Detail

Project Number
CO-G1007
Approval date
July 07, 2016
Project Country
Colombia
Project Sector
ENVIRONMENT AND NATURAL DISASTERS
Project Subsector
CLIMATE CHANGE FINANCING
Project Type
Investment Grants
Project Lending Type
SG
Project Modality
Project Facility Type
Environmental and social impact category
B13
Project Status
Implementation
Operation Number
GRT/TC-15613-CO

Financial Information

Project Number
CO-G1007
Project Status
Implementation

IDB Financing

Financing type
GRT
Fund
Clean Technology Fund
Reporting currency
USD - United States Dollar
Reporting date
Jul/18/2023

Roles & Responsibilities

Contract signature date
Dec/16/2016

Project Information

Total Cost
USD 9,530,000
Country counterpart financing
USD 0
Amount
USD 9,530,000

Preparation

Title
Type
Project Number
Date Published
Environmental & Social Management Reports
CO-G1007
August 24, 2015

Implementation

Title
Type
Project Number
Date Published
Project Monitoring Report ( Public version)
CO-G1007
February 08, 2023
Project Monitoring Report ( Public version)
CO-G1007
August 12, 2022
Project Monitoring Report ( Public version)
CO-G1007
February 20, 2022
Project Monitoring Report ( Public version)
CO-G1007
July 20, 2021
Project Monitoring Report ( Public version)
CO-G1007
March 09, 2021
Project Monitoring Report ( Public version)
CO-G1007
August 24, 2020
Project Monitoring Report ( Public version)
CO-G1007
February 12, 2020
Project Monitoring Report ( Public version)
CO-G1007
October 15, 2019
Project Monitoring Report ( Public version)
CO-G1007
December 14, 2018
Project Monitoring Report ( Public version)
CO-G1007
August 02, 2018
Project Monitoring Report ( Public version)
CO-G1007
February 15, 2018
Project Monitoring Report ( Public version)
CO-G1007
February 14, 2018