IDB CLIMA Non-Refundable Financing: Energy transition support program
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-J0018

Approval Date

November 13, 2024

Project Status

Implementation

Project Type

Grant Financing Product

Sector

ENERGY

Subsector

ENERGY EFFICIENCY AND RENEWABLE ENERGY IN END USE

Lending Instrument

Investment Loan

Lending Instrument Code

INV

Modality

GCR (Global Credit Operation)

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category FI: Operations in which funds are channeled through financial intermediaries that evaluate and monitor the subprojects they finance.

Total Cost

USD 3,600,000.00

Country Counterpart Financing

-

Original Amount Approved

USD 3,600,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
5950/GR-CO Sovereign Guaranteed USD - United States Dollar IDB Grant Facility Account
Operation Number 5950/GR-CO
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: IDB Grant Facility Account
  • Financial Instrument:

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 Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB0000578-522669563-47960
Project Monitoring Report ( Public version)
CO-J0018 First period Jan-Jun 2025 - Public Report.PDF
Jan. 13, 2026
English
https://www.iadb.org/document.cfm?id=EZIDB0000578-522669563-46773
Project Monitoring Report ( Public version)
CO-J0018 Second period Jan-Dec 2024 - Public Report.PDF
Jul. 17, 2025
en
https://www.iadb.org/document.cfm?id=EZIDB0000366-965128629-50467
Loan Contract
BID CLIMA - Programa de Apoyo a la Transición Energética - CO-J0018.pdf
Dec. 12, 2024
Spanish
https://www.iadb.org/document.cfm?id=EZIDB0000366-965128629-50466
Loan Contract
IDB CLIMA - Energy Transition Support Program - CO-J0018.pdf
Dec. 12, 2024
English

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