The general objective of the first operation is to support the decarbonization and climate resilience of the electricity generation matrix, improve the financial sustainability of the electricity sector in Honduras, and strengthen the capacities that will allow emissions to be considered in green capital markets, to achieve their objectives. climate commitments on the necessary scale. The specific objectives are: (i) increase the generation capacity of NCRE; (ii) improve the operational efficiency of the electricity subsector; (iii) strengthen the technical capacities of the ENEE for the identification, design and portfolio management of climate projects; and (iv) improve the climate MRV capabilities of the energy sector to contribute to national climate reporting efforts and support eventual green debt issuances.
Project Detail
Country
Honduras
Project Number
HO-G1265
Approval Date
-
Project Status
Preparation
Project Type
Investment Grants
Sector
ENERGY
Subsector
ENERGY EFFICIENCY AND RENEWABLE ENERGY IN END USE
Lending Instrument
-
Lending Instrument Code
-
Modality
-
Facility Type
-
Environmental and Social Impact Category (ESIC)
-
Total Cost
USD 2,000,000.00
Country Counterpart Financing
-
Original Amount Approved
USD 2,000,000.00