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CO-L1271 : Caribbean Sustainable Energy- Energy Efficiency Program (PEECES)

Project Status: Implementation

The specific objectives of the program are: (i) to improve the use of electrical energy in low-income households and in the official sector of the Caribbean Region, through the implementation of efficient energy management measures that reduce emissions of GHG, the subsidies granted by the National Government, as well as the energy consumed in the residential and official sector; and (ii) educate the population of the Caribbean Region about the importance of saving and efficient use of energy through training for technicians and users of the service in the efficient management of electrical energy. The achievement of these objectives will contribute to the general objective of implementing measures to improve the efficient use of energy in the residential and official sector of the Caribbean Region in order to reduce Greenhouse Gas (GHG) emissions, reduce demand of electrical energy and generate savings in energy subsidies by the National Government, with a gender and inclusion approach.

Project Detail

Project Number
CO-L1271
Approval date
January 11, 2023
Project Country
Colombia
Project Sector
ENERGY
Project Subsector
ENERGY EFFICIENCY AND RENEWABLE ENERGY IN END USE
Project Type
Loan Operation
Project Lending Type
SG
Project Modality
ESP (Specific Investment Operation)
Project Facility Type
Environmental and social impact category
B
Project Status
Implementation
Operation Number
5738/OC-CO

Financial Information

Project Number
CO-L1271
Project Status
Implementation

IDB Financing

Financing type
FFF
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Sep/28/2023

Roles & Responsibilities

Contract signature date
Sep/01/2023

Project Information

Total Cost
USD 34,500,000
Country counterpart financing
USD 0
Amount
USD 34,500,000

Preparation

Title
Type
Project Number
Date Published
Public Consultation Report
CO-L1271
May 27, 2022
Environmental Analyses
CO-L1271
May 05, 2022
Environmental Analyses
CO-L1271
March 25, 2022
Project Profile
CO-L1271
March 16, 2022

Implementation

Title
Type
Project Number
Date Published
General Procurement Notices
CO-L1271
September 26, 2023