CO-T1344 : Development of an ESCO Market-Project Preparation Grant

The objective of this technical cooperation is twofold: a. to hire a consultant to provide technical services for the identification and prioritization of specific sectors, sub-sectors and types of businesses that have the most significant potential to represent the demand-side for a strengthened market for energy service providers in Colombia. Sectors and sub-sectors will be ranked according to parameters agreed with the supervision team of this consultancy, including, but not necessarily limited to (i) the potential for energy savings (KWh/year) and emission reductions (CO2e t/year); and (ii) the estimated implementation and transaction costs (e.g. project assessment) for the typical EE measure/project which would be expected in that (sub-)sector, taking into account, for example, the replication/standardization potential of the specific EE interventions within the sector. b. to hire a consultant to provide technical and legal backstopping and strategic advice to the MIF and SCF/FMK during the design and structuring phases of the energy efficiency fund to be included in the operation described in 2.9 above.