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Detail of GEF Project #4138

GEF Project ID4138
Funding SourceGEF Trust Fund
Project NameCatalytic Investments for Geothermal Power
CountryColombia
RegionLatin America and Caribbean
Focal AreaClimate Change
Strategic ProgramCC-3
PIF Approval Date2010-01-20
Approval Date2010-03-17
CEO Endorsement Date2011-01-13
GEF Agency Approval Date2011-07-05
Project StatusUnder Implementation
GEF AgencyIADB
Executing AgencyISAGEN S.A .E.S.P. (ISAGEN)
DescriptionThe general objective is to promote and support catalytic investments for geothermal power in Colombia through the strengthening of its regulatory framework and the development and implementation of a demonstrative geothermal project in the Macizo Volcanico del Ruiz which will contribute to reduce and displace unrealized Greenhouse Gas Emissions. The specific objectives of the Project are to obtain: (i) a white paper policy to promote use of untapped non-conventional renewable energy (such as geothermal, wind and solar/PV) and specific policy and regulatory measures recommendations; (ii) a model of the geothermal resource in the two selected areas and its temperature; (iii) identification of the type of geothermal resource and its potential capacity; (iv) recommendations concerning the geothermal resource exploration and development; (v) environmental and sociological studies according to the scope of these activities and (vi) development and implementation of the geothermal project.
GEF Project Grant
2,727,000 USD
GEF Grant
2,727,000 USD
Cofinancing Total
192,900,000 USD
Project Cost
195,627,000 USD
GEF Agency Fees
272,700 USD
GEF Project (CEO Endo.)
2,727,000 USD
Cofinancing Total (CEO Endo.)
23,750,000 USD
Project Cost (CEO Endo.)
26,477,000 USD
GEF Agency Fees (CEO Endo.)
272,700 USD
Project Documents

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