Support the Ecuadorian government's efforts toward a just energy transition by fostering public and private investment. Its specific objectives are to: (i) support the decarbonization of the energy sector by promoting nonconventional renewable energy sources, new alternative generation sources, energy efficiency and demand management measures, regional integration, and e-mobility; (ii) increase private sector participation in electricity service delivery; (iii) make strides toward universal access to electricity; and (iv) reduce gender and disability gaps in the electricity sector.
Project Detail
Country
Ecuador
Project Number
EC-L1293
Approval Date
July 24, 2024
Project Status
Implementation
Project Type
Loan Operation
Sector
ENERGY
Subsector
ENERGY EFFICIENCY AND RENEWABLE ENERGY IN END USE
Lending Instrument
Préstamo de Apoyo a Reformas de Política
Lending Instrument Code
PBL
Modality
PBP (Programmatic Policy Base Loan)
Facility Type
-
Environmental Classification
-
Total Cost
USD 600,000,000.00
Country Counterpart Financing
-
Original Amount Approved
USD 600,000,000.00