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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.

Project Detail

Country

Colombia

Project Number

CO-T1344

Approval Date

September 16, 2013

Project Status

Closed

Project Type

Technical Cooperation

Sector

ENERGY

Subsector

ENERGY EFFICIENCY AND RENEWABLE ENERGY IN END USE

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category C: Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 200,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 200,000.00

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