AT A GLANCE: IDB energy lending pipeline

By
Monday, April 25, 2016

Regional multilaterals such as the IDB continue to hold their ground in Latin America and the Caribbean despite being overshadowed by heavyweight lenders like China, which has stepped up financing activity in recent years.

One area of increasing importance for the Washington DC-based bank is energy, which last year was the sector seeing the second highest number of IDB approvals after financial markets.

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In 2015, the lender authorized US$1.42bn for 19 energy projects compared with US$1.11bn for 17 energy projects in 2014.

IDB's current pipeline of possible financing for energy reaches US$1.52bn for 27 projects.

In the following breakdown, BNamericas takes a look at some of the sector works and initiatives which could receive bank support.

BOLIVIA

- Increasing natural gas transport capacity

- Rural electrification program II

CHILE

- Geothermal: Cerro Pabellon, Mariposa and Tolhuaca

ECUADOR

- Strengthening the national distribution grid

HONDURAS

- Transmission program for renewable energy in the west and north of the country

PANAMA

- Solar: Llano Sanchez, Santiago and Tocumen

PERU

- Moyobamba-Iquitos transmission line

SURINAME

- Creation of a sustainable energy framework

REGIONAL

- Boost development and improvement of Central America's power market

- Complementary studies to support the Andean energy integration process

For a look at recent IDB energy related content from BNamericas, check out the following reports:

IN BRIEF: Canada to back IDB natural resource program

IDB financing Brazil biomass project

Costa Rica, IDB ink power sector deal

Trinidad needs gas-tailored tax system, says IDB

Mexico to be 1st beneficiary of IDB green bond facility