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Support for developing financial instruments for geothermal development

The objective of the TC is to materialize and scale up public and private investment in geothermal power generation projects by drawing feasible financial mechanisms and business model tailored to meet the needs of the project, reducing risks for developers and removing the main barrier to investment. The TC aims at recompiling existing data such as surface surveys to identify geothermal generation projects for multiple uses and developing optimum financial mechanisms and business plans to attract public and private stakeholders. Thereby, it contributes to sustainable economic, energy resilience and technological development by using geothermal energy.

Project Detail

Country

Honduras

Project Number

HO-T1483

Approval Date

-

Project Status

Preparation

Project Type

Technical Cooperation

Sector

ENERGY

Subsector

LOW-CARBON ENERGY TECHNOLOGIES

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 1,500,000.00

Country Counterpart Financing

-

Original Amount Approved

USD 750,000.00

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