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Smart Grid and Its Application in Sustainable Cities
1. Disseminate information on the state of the art technologies related with the smart grid system across the LAC through the case study of the smart grid test bed located in the Jeju island, Korea. 2. Enhance the institutional capabilities of the policymakers and private clients of the IDB in order to facilitate the adoption of the smart grid system in LAC and the necessary change in the regulatory framework including policy of real-time pricing for electricity. 3. Create sustainable energy module that could fit into the emerging and sustainable energy cities. It is very important to introduce the smart grid system in the early stage of urban development, because it is relatively easier to make infrastructure investment in smart metering devices, smart electric grid, electric car charging stations that could be options for smart grid in the earlier stage. 4. Develop investment loan projects related with smart grid. This KCP does not finance the implementation but will provide good starting point to prepare investment loans that are executed by the IDB.

Project Detail



Project Number


Approval Date

March 7, 2012

Project Status


Project Type

Technical Cooperation





Lending Instrument


Lending Instrument Code




Facility Type


Environmental Classification

Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 250,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 250,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/KK-13191-RG Sovereign Guaranteed USD - United States Dollar Knowledge Partnership Korea Fund for Tec Nonreimbursable
Operation Number ATN/KK-13191-RG
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Knowledge Partnership Korea Fund for Tec
  • Financial Instrument: Nonreimbursable
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