BID CLIMA: Decarbonization of the National Electric Power Company (ENEE) and Support for Financial Sustainability
The general objective of the First Individual Loan Operation (POIP) is to support the decarbonization and climate resilience of the electricity generation matrix, improve the financial sustainability of the electricity sector, and strengthen the capacities to allow the consideration of debt emissions in green capital markets to meet climate commitments. The specific objectives are: (i) increase the generation capacity of Solar Photovoltaic (SFV) energy under a Climate Change (CC) mitigation approach; (ii) improve the financial and operational efficiency and quality of the electrical service; (iii) strengthen the capacities of entities to design and operate projects with CC Mitigation and Adaptation (MyA) criteria; and (iv) improve sector capabilities to monitor and report actions and investments linked to the M&A to the CC in line with best debt market practices.

Project Detail

Country

Honduras

Project Number

HO-G1265

Approval Date

November 20, 2024

Project Status

Implementation

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)

Category B: Likely to cause mostly local and short-term negative environmental and associated social impacts and for which effective mitigation measures are readily available

Total Cost

USD 2,000,000.00

Country Counterpart Financing

-

Original Amount Approved

USD 2,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
GRT/SX-21282-HO Sovereign Guaranteed USD - United States Dollar Strategic Climate Fund Grant
Operation Number GRT/SX-21282-HO
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Strategic Climate Fund
  • Financial Instrument: Grant

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB0000366-965128629-50441
Loan Contract
BID CLIMA Descarbonización de la Empresa Nacional de Energía Eléctrica (ENEE) y Apoyo a la Sostenibilidad Financiera - HO-G1265 (SREP).pdf
Dec. 09, 2024
Spanish
https://www.iadb.org/document.cfm?id=EZIDB0000366-965128629-50440
Loan Contract
IDB CLIMA Decarbonization of the National Electric Power Company (ENEE) and Support for Financial Sustainability - HO-G1265 (SREP).pdf
Dec. 09, 2024
English

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