IDB CLIMA: 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-L1287

Approval Date

November 13, 2024

Project Status

Implementation

Project Type

Loan Operation

Sector

ENERGY

Subsector

ENERGY EFFICIENCY AND RENEWABLE ENERGY IN END USE

Lending Instrument

Lending Instrument Code

Modality

GCR (Global Credit Operation)

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 138,500,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 138,500,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
5948/OC-CO	Sovereign Guaranteed	USD - United States Dollar	Jun. 12, 2025		Ordinary Capital	Flexible Financing Facility
5949/SX-CO	Sovereign Guaranteed	USD - United States Dollar	Jun. 12, 2025		Strategic Climate Fund	Public Sector Trust Fund Lending

Operation Number

5948/OC-CO

Lending Type: Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Jun. 12, 2025
Signed Date:
Fund: Ordinary Capital
Financial Instrument: Flexible Financing Facility

Operation Number

5949/SX-CO

Lending Type: Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Jun. 12, 2025
Signed Date:
Fund: Strategic Climate Fund
Financial Instrument: Public Sector Trust Fund Lending

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Implementation Phase

https://www.iadb.org/document.cfm?id=EZIDB0000366-965128629-50468

Loan Contract

IDB CLIMA - Energy Transition Support Program - CO-L1287 (SCX-REI).pdf

Dec. 12, 2024

English

https://www.iadb.org/document.cfm?id=EZIDB0000366-965128629-50469

Loan Contract

BID CLIMA - Programa de Apoyo a la Transición Energética - CO-L1287 (SCX-REI).pdf

Dec. 12, 2024

Spanish

https://www.iadb.org/document.cfm?id=EZIDB0000366-965128629-50465

Loan Contract

BID CLIMA - Programa de Apoyo a la Transición Energética - CO-L1287 (OC).pdf

Dec. 12, 2024

Spanish

https://www.iadb.org/document.cfm?id=EZIDB0000366-965128629-50464

Loan Contract

IDB CLIMA - Energy Transition Support Program - CO-L1287 (OC).pdf

Dec. 12, 2024

English

https://www.iadb.org/document.cfm?id=EZIDB0000177-1482088299-148

Loan Proposal

Colombia. Propuesta de prestamo y de financiamiento no reembolsable para el proyecto _BID CLIMA Programa de Apoyo a la Transicion Energ.pdf

Oct. 30, 2024

Spanish

https://www.iadb.org/document.cfm?id=EZIDB0000177-1482088299-149

Loan Proposal

Colombia. Loan proposal and nonreimbursable financing for the project _IDB CLIMA Energy Transition Support Program” and nonreimbursable investment fi

Oct. 30, 2024

Spanish