IDB CLIMA: Energy Transition Support Program

The GO is to support the decarbonization of the economy by accelerating the financing of TEJ projects and strengthening the capabilities and instruments of the FDN that contribute to its eventual access to thematic green capital markets on the necessary scale. The specific objectives are: (i) increase financing for both FNCER projects in the SIN and the ZNI as well as for the scaling of enabling technologies for their deployment; (ii) strengthen the technical capacities of the FDN for the identification, design and portfolio management of climate projects; and (iii) improve FDN's climate MRV capabilities to contribute to national climate reporting efforts and support eventual green debt issuances.

Project Detail

Country

Colombia

Project Number

CO-L1287

Approval Date

Project Status

Preparation

Project Type

Loan Operation

Sector

ENERGY

Subsector

ENERGY EFFICIENCY AND RENEWABLE ENERGY IN END USE

Lending Instrument

Préstamo de Inversión

Lending Instrument Code

INV

Modality

GCR (Global Credit Operation)

Facility Type

Environmental Classification

Total Cost

USD 138,500,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 138,500,000.00

Financial Information

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Preparation Phase

https://www.iadb.org/document.cfm?id=EZIDB0000177-1482088299-39

Project Profile

CO-L1287 - PP Aprobado.pdf

Apr. 01, 2024

Spanish

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