Mining for the Energy Transition (MET): Securing a sustainable supply of critical minerals for advancing regional development
In support of global decarbonization efforts and recognizing the fundamental importance of mining to climate and sustainable development goals, this project will facilitate technical assistance to Argentina, Bolivia, Brazil, Chile, and Ecuador, to foster enabling conditions for responsible investments in critical minerals and their value chains by focusing on: (i) strengthening sector governance through robust regulatory and investment frameworks and socioenvironmental standards compliance; (ii) amplifying geological knowledge through technological innovation; (iii) building a portfolio of low-carbon and technological solutions that support sustainable mining extraction and production practices; and (iv) enhancing local development and infrastructure services in mining areas to maximize benefits, while strengthening value chains and synergies with other productive sectors. Interventions will seek to strengthen collaboration between Latin America and the Caribbean (LAC) and Europe for a reliable and sustainable raw materials supply.

Project Detail

Country

Regional

Project Number

RG-T4442

Approval Date

September 12, 2024

Project Status

Implementation

Project Type

Technical Cooperation

Sector

ENERGY

Subsector

NEW OIL AND GAS AND EXTRACTIVE INDUSTRIES

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 6,513,000.00

Country Counterpart Financing

-

Original Amount Approved

USD 6,513,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ER-21106-RG Sovereign Guaranteed USD - United States Dollar European Commission Amended and Restated Nonreimbursable
Operation Number ATN/ER-21106-RG
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: European Commission Amended and Restated
  • Financial Instrument: Nonreimbursable

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB0002001-573204289-14
BEO Procurement
REOI Proceso Dialogo Permanente y Gobernanza ENL Chile.pdf
Sep. 20, 2024
Spanish
https://www.iadb.org/document.cfm?id=EZIDB0000366-965128629-50335
Loan Contract
Mining for the Energy Transition (MET) - Securing a Sustainable Supply of Critical Minerals for Advancing Regional Development.pdf
Sep. 17, 2024
English
https://www.iadb.org/document.cfm?id=EZIDB0000366-965128629-50336
Loan Contract
Minería para la Transición Energética - Asegurar un Suministro Sostenible de Minerales Críticos para Impulsar el Desarrollo Regional.pdf
Sep. 17, 2024
Spanish
https://www.iadb.org/document.cfm?id=EZIDB0002001-903047032-22
TC Document
Regional. Nonreimbursable Technical Cooperation for the project _Mining for the Energy Transition (MET)_.pdf
Sep. 06, 2024
English
https://www.iadb.org/document.cfm?id=EZIDB0002001-903047032-23
TC Document
Regional. Cooperacion Tecnica No Reembolsable para el proyecto _Mineria para la Transicion Energetica (MTE)_.pdf
Sep. 06, 2024
Spanish
https://www.iadb.org/document.cfm?id=EZIDB0002001-573204289-7
BEO Procurement
REOI Plan de Accion Politica Fomento Pequena Mineria.pdf
Aug. 28, 2024
Spanish
 Preparation Phase
https://www.iadb.org/document.cfm?id=EZIDB0002001-903047032-18
TC Annex for OS operations
Terms of Reference - RG-T4442.pdf
Sep. 19, 2024
English
https://www.iadb.org/document.cfm?id=EZIDB0002001-903047032-15
TC Annex for OS operations
Request from the Client - RG-T4442.pdf
Sep. 19, 2024
English

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