Support to the implementation of the Program to Support the Energy Transition
The overall objective is to support the decarbonization of the Colombian economy by accelerating the financing of TEJ projects and strengthening the capacities and instruments of the FDN that contribute to their eventual access to the thematic green capital markets on the necessary scale. The specific objectives are: (i) to increase financing for both FNCER projects in the SIN and the ZNI as well as for the scaling of enabling technologies for their deployment, to contribute to the fulfillment of the sectoral decarbonization goals; (ii) to strengthen the technical capacities of the FDN for the identification, design and management of climate project portfolios; and (iii) to improve the climate MRV capabilities of the FDN to contribute to national climate reporting efforts and support eventual green debt issuances.

Project Detail

Country

Colombia

Project Number

CO-G1056

Approval Date

November 13, 2024

Project Status

Implementation

Project Type

Investment Grants

Sector

ENERGY

Subsector

LOW-CARBON ENERGY TECHNOLOGIES

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category C: Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 1,400,000.00

Country Counterpart Financing

-

Original Amount Approved

USD 1,400,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
GRT/SX-21261-CO Sovereign Guaranteed USD - United States Dollar Strategic Climate Fund Grant
Operation Number GRT/SX-21261-CO
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Strategic Climate Fund
  • Financial Instrument: Grant

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB0000366-965128629-50471
Loan Contract
Apoyo a la Implementación del Programa de Apoyo a la Transición Energética - CO-G1056.pdf
Dec. 12, 2024
Spanish
https://www.iadb.org/document.cfm?id=EZIDB0000366-965128629-50470
Loan Contract
Support for Implementation of the Energy Transition Support Program - CO-G1056.pdf
Dec. 12, 2024
English

Have an Environmental or Social issue related to IDB projects? File a Complaint