BENEFICIARY NAME:

Bancoldex - Banco de desarrollo empresarial

COUNTRY: Colombia

SCOPE: Support to Bancoldex for the integration of Renewable Energy projects in its Environmental and Social Risk Management System (Colombia – BANCOLDEX)

DESCRIPTION: The project aims at supporting BANCOLDEX in adjusting its ESMS to include a new sector, small and medium scale renewable energy projects. Results: to this day (December 2016), BANCOLDEX is finalizing the specific processes and material that will be applicable for its E&S analysis of RE projects. Bancoldex is also considering to automate the ESMS processes with a online workflow for the first tier banks.

SECTOR: Safeguards

PROGRAM: ESRM

SOURCE AND AMOUNT:

• IDB $25,000

PROJECT TYPE: Technical Cooperation

OPERATION NUMBER: RG-T2166

RELATED OPERATIONS: CO-L1161