Support preparation of the Operation CO-L1161 to structure a financing strategy

The objective of this Preparation Grant is to support the efforts of the Government of Colombia in to stimulate local financial institutions (LFIs) to finance investments in renewable energy as alternative source of energy generation in non-interconnected zones (ZNI).This in turn will lead to a reduction in greenhouse gas emissions and to improvements in the quality of life of the residents of these areas of the country.

Project Detail

Country

Colombia

Project Number

CO-T1402

Approval Date

September 16, 2015

Project Status

Closed

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

FINANCING FOR ENVIRONMENTAL SUSTAINABILITY

Lending Instrument

Lending Instrument Code

Modality

Facility Type

Environmental Classification

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

Total Cost

USD 240,000.00

Country Counterpart Financing

USD 40,000.00

Original Amount Approved

USD 200,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
ATN/TC-15151-CO	Sovereign Guaranteed	USD - United States Dollar	May. 31, 2024	Sep. 16, 2015	Clean Technology Fund	Nonreimbursable

Operation Number

ATN/TC-15151-CO

Lending Type: Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: May. 31, 2024
Signed Date: Sep. 16, 2015
Fund: Clean Technology Fund
Financial Instrument: Nonreimbursable

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Implementation Phase

https://www.iadb.org/document.cfm?id=EZSHARE-617266391-19

Loan Proposal

Analysis of Credit Demand for Investment in RE ZNI [39861426].docx

Feb. 10, 2016

Spanish