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Energy transition and design of a risk management policy through financial derivatives to hedge fuel prices
The general objective of this TC is the institutional and financial strengthening of RECOPE in a context of energy transition and gradual decarbonization of the country's economy that presents complex financial, fiscal and economic challenges for oil companies and for the country. The specific objective is to support RECOPE in the development of a risk management policy proposal through financial derivatives to hedge fuel prices and in the design of a pilot project and its evaluation, to mitigate the volatility of international fuel prices.

Project Detail

Country

Costa Rica

Project Number

CR-T1284

Approval Date

-

Project Status

Preparation

Project Type

Technical Cooperation

Sector

ENERGY

Subsector

ENERGY INSTITUTIONAL STRENGTHENING AND CAPACITY BUILDING

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 250,000.00

Country Counterpart Financing

USD 50,000.00

Original Amount Approved

USD 100,000.00

Financial Information
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