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Sustainable Energy Investment Program (SMART FUND II)
The general objective of this program is to reduce Barbados' dependency on imported fossil fuels through the increased use of Renewable Energy (RE) and Energy Efficiency (EE) technologies. The specific objectives are to: (i) reduce electricity consumption by implementing RE and EE measures; (ii) reduce Green House Gases (GHG) emissions from liquid fossil fuels used for power generation and transport; and (iii) increase institutional capacity for the management of RE and EE programs. Special

Project Detail

Country

Barbados

Project Number

BA-L1043

Approval Date

September 20, 2019

Project Status

Implementation

Project Type

Loan Operation

Sector

ENERGY

Subsector

ENERGY

Lending Instrument

Préstamo de Inversión

Lending Instrument Code

INV

Modality

ESP (Specific Investment Operation)

Facility Type

-

Environmental Classification

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 30,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 30,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
4865/OC-BA Sovereign Guaranteed USD - United States Dollar Ordinary Capital Flexible Financing Facility
Operation Number 4865/OC-BA
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Flexible Financing Facility

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Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB0000578-522669563-44060
BA-L1043 First period Jan-Jun 2023 - Public Report.PDF
Published Jan. 25, 2024
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https://www.iadb.org/document.cfm?id=EZIDB0000047-604088471-105
4865OC-BA - GRTER-17578-BA - SEIP - Audited Financial Statements - February 6 2020-March 31 2023.pdf
Published Aug. 21, 2023
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https://www.iadb.org/document.cfm?id=EZIDB0000171-1375635338-35799
BA-L1043_P1213297_1_SP.pdf
Published Jul. 28, 2023
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https://www.iadb.org/document.cfm?id=EZIDB0000578-522669563-43867
BA-L1043 Second period Jan-Dec 2022 - Public Report.PDF
Published Jul. 19, 2023
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https://www.iadb.org/document.cfm?id=EZIDB0000171-1375635338-35554
BA-L1043_P1213297_SP.pdf
Published Jun. 15, 2023
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https://www.iadb.org/document.cfm?id=EZSHARE-1375635338-34767
BA-L1043_P1130025_SP.pdf
Published Jan. 30, 2023
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https://www.iadb.org/document.cfm?id=EZSHARE-1375635338-34768
BA-L1043_P1130022_SP.pdf
Published Jan. 30, 2023
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https://www.iadb.org/document.cfm?id=EZSHARE-522669563-42141
BA-L1043 First period Jan-Jun 2022 - Public Report.PDF
Published Feb. 07, 2023
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https://www.iadb.org/document.cfm?id=EZSHARE-2056220512-9090
Amendment - PPO Activation Loan Contracts BA-L1012 - BA-L1033 - BA-L1043 - BA-L1046 - BA-L1051.pdf
Published Oct. 03, 2022
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https://www.iadb.org/document.cfm?id=EZSHARE-522669563-40847
BA-L1043 Second period Jan-Dec 2021 - Public Report.PDF
Published Aug. 11, 2022
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https://www.iadb.org/document.cfm?id=EZSHARE-1375635338-33649
BA-L1043_P1007446_SP.pdf
Published Jul. 11, 2022
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https://www.iadb.org/document.cfm?id=EZSHARE-522669563-35244
BA-L1043 First period Jan-Jun 2021 - Public Report.pdf
Published Feb. 16, 2022
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https://www.iadb.org/document.cfm?id=EZSHARE-1438236023-78
4865_OC-BA GRT_ER-17578-BA - Procurement Plan for the Period January 1, 2021 - June 30, 2022.xlsx
Published Aug. 20, 2021
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https://www.iadb.org/document.cfm?id=EZSHARE-522669563-34643
BA-L1043 Second period Jan-Dec 2020 - Public Report.pdf
Published Jul. 20, 2021
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https://www.iadb.org/document.cfm?id=EZSHARE-522669563-33979
BA-L1043 First period Jan-Jun 2020 - Public Report.pdf
Published Mar. 08, 2021
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https://www.iadb.org/document.cfm?id=EZSHARE-522669563-33329
BA-L1043 Second period Jan-Dec 2019-Public Report.pdf
Published Aug. 24, 2020
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https://www.iadb.org/document.cfm?id=EZSHARE-28788141-132
Barbados. Propuesta de préstamo y financiamiento no reembolsable para inversión para el Programa de Inversión en Energía Sostenible (Smart Fund II).pdf
Published Sep. 11, 2019
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https://www.iadb.org/document.cfm?id=EZSHARE-28788141-64
Project Profile - Publication - BA-L1043.pdf
Published Apr. 30, 2018
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https://www.iadb.org/document.cfm?id=EZSHARE-2056220512-6989
Sustainable Energy Investment Program (Smart Fund II).pdf
Published Feb. 28, 2020
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https://www.iadb.org/document.cfm?id=EZSHARE-28788141-131
Barbados. Loan proposal and nonreimbursable investment financing for the Sustainable Energy Investment Program (Smart Fund II).pdf
Published Sep. 11, 2019
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Other Documents
https://www.iadb.org/document.cfm?id=EZSHARE-1521612158-9
PXReleaseValidationNameChange.docx
Published Feb. 15, 2021
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https://www.iadb.org/document.cfm?id=EZSHARE-28788141-90
EOL#10. Visibility and Communication Plan.docx
Published Sep. 11, 2019
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https://www.iadb.org/document.cfm?id=EZSHARE-28788141-95
EOL#7. Gender Analysis.docx
Published Sep. 11, 2019
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https://www.iadb.org/document.cfm?id=EZSHARE-28788141-74
EOL#3. CHENACT Technical Note (ATN-OC-11465-RG & ATN-OC-12926-RG).docx
Published Sep. 11, 2019
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https://www.iadb.org/document.cfm?id=EZSHARE-28788141-97
EOL#5. Performance Based Contracting Proposal (Draft).docx
Published Sep. 11, 2019
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https://www.iadb.org/document.cfm?id=EZSHARE-705097722-23
EOL#12. Safeguard Policy Filter (SPF).pdf
Published Sep. 11, 2019
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https://www.iadb.org/document.cfm?id=EZSHARE-28788141-76
EOL#6. Lessons Learned from Previous Projects.docx
Published Sep. 11, 2019
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https://www.iadb.org/document.cfm?id=EZSHARE-28788141-98
EOL#8. Smart Fund II - Operation Manual Draft.docx
Published Sep. 11, 2019
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https://www.iadb.org/document.cfm?id=EZSHARE-705097722-24
EOL#12. Safeguard Screening Form (SSF).pdf
Published Sep. 11, 2019
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https://www.iadb.org/document.cfm?id=EZSHARE-28788141-77
ERL#3. Environmental and Social Management Report (ESMR).docx
Published Sep. 11, 2019
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https://www.iadb.org/document.cfm?id=EZSHARE-705097722-8
Draft Barbados Smart Fund II EA.pdf
Published Sep. 13, 2017
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https://www.iadb.org/document.cfm?id=EZSHARE-28788141-79
EOL#1. Cost Benefit Analysis (CBA).docx
Published Sep. 11, 2019
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https://www.iadb.org/document.cfm?id=EZSHARE-705097722-9
Appendix A - Draft Barbados Smart Fund II ESMP.pdf
Published Sep. 13, 2017
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https://www.iadb.org/document.cfm?id=EZSHARE-28788141-83
ERL#4. Procurement Plan (PP).xlsx
Published Sep. 11, 2019
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https://www.iadb.org/document.cfm?id=EZSHARE-28788141-84
ERL#2. Monitoring and Evaluation Arrangements.docx
Published Sep. 11, 2019
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https://www.iadb.org/document.cfm?id=EZSHARE-28788141-102
EOL#11. Communication & Visibility Strategy & required ToR from the EU.docx
Published Sep. 11, 2019
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https://www.iadb.org/document.cfm?id=EZSHARE-28788141-85
ERL#1. Pluriannual Execution Plan (PEP).pdf
Published Sep. 11, 2019
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https://www.iadb.org/document.cfm?id=EZSHARE-28788141-105
EOL#2. Evaluation of Energy Smart Fund (2485-OC-BA).pdf
Published Sep. 11, 2019
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https://www.iadb.org/document.cfm?id=EZSHARE-28788141-86
ERL#1. Annual Operational Plan (AOP).pdf
Published Sep. 11, 2019
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https://www.iadb.org/document.cfm?id=EZSHARE-28788141-89
EOL#4. Technical Assessment for Public Buildings Retrofits & Consumption Analysis.docx
Published Sep. 11, 2019
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Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-705097722-11
ESF II ESMS_Annex A - ES Review Format.pdf
Published Sep. 13, 2017
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https://www.iadb.org/document.cfm?id=EZSHARE-705097722-12
ESF II ESMS_Annex B - Categorization.pdf
Published Sep. 13, 2017
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https://www.iadb.org/document.cfm?id=EZSHARE-705097722-20
Barbados Smart Fund II ESA February 2019 - Final.pdf
Published Feb. 22, 2019
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https://www.iadb.org/document.cfm?id=EZSHARE-705097722-10
ESF II ESMS - Preliminary.pdf
Published Sep. 13, 2017
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