Promoting sustainability and private investment in the Colombian energy sector

The overall objective of the program is to promote fiscal sustainability and enable investment in the Colombian electricity sector. The specific objectives are: (i) to improve market conditions to accelerate the entry of generation and transmission projects that expand supply; and (ii) to promote investment in technologies that stimulate demand for electricity.

Project Detail

Country

Colombia

Project Number

CO-L1331

Approval Date

Project Status

Preparation

Project Type

Loan Operation

Sector

ENERGY

Subsector

ENERGY INSTITUTIONAL STRENGTHENING AND CAPACITY BUILDING

Lending Instrument

Policy-Based Loan

Lending Instrument Code

PBL

Modality

PBP (Programmatic Policy Base Loan)

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 150,000,000.00

Country Counterpart Financing

Original Amount Approved

USD 150,000,000.00