The project's objetive is to implement a platform that identifies and evaluates potential solar photovoltaitic projects in emerging markets. Once a project has been selected and solar panels have been installed by experts, the platform utilizes oracle feeds for tokenizing solar energy production using IoT and blockchain technology, which allows for real-time monitoring of the project's performance. The platform manages the distribution of payments and transactions among the different stakeholders involved in the project, to ensure transparency, decentralization and traceability. The project aims to make a tangible contribution to the global effort to reduce greenhouse gas emissions and transition towards a more sustainable energy system.

Project Detail

Country

Ecuador

Project Number

EC-G1012

Approval Date

-

Project Status

Preparation

Project Type

Investment Grants

Sector

ENVIRONMENT AND NATURAL DISASTERS

Subsector

CLIMATE CHANGE MITIGATION POLICY

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

-

Country Counterpart Financing

-

Original Amount Approved

USD 500,000.00
Financial Information

Can’t find a document? Request information

 Preparation Phase
https://www.iadb.org/document.cfm?id=EZIDB0000918-1353690814-4
Profile
IDEATE 2023-07-25 Public Summary 1279 EC-G1012.pdf
Aug. 17, 2023
Spanish

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