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

Préstamo de Inversión

Lending Instrument Code

INV

Modality

GCR (Global Credit Operation)

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

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 IDB Grant Facility
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: IDB Grant Facility

Can’t find a document? Request information

 Implementation Phase
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

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