Some 282 clean technology buses will replace aging and polluting public transport vehicles serving residents of Bogotá, Colombia, in an IDB program financed by the Clean Technology Fund. The new buses will reduce operating costs, improve air quality, and cut GHG emissions. Bogotá is a leader in innovative urban mass transport solutions. It is expected that the present … [Read more...] about Bogotá’s integrated public transport system to finance hybrid and electric buses
In Brazil, national waters churn international hopes
By Ana Cristina Barros * One of the tributaries of the Amazon river in Brazil forms a "meeting of the waters" so beautiful it rivals the one with the dark waters of the Rio Negro. The clear blue waters of the Tapajós river can be seen even in the city of Santarém, Pará state’s third most populous municipality. The Tapajós basin comprises an area the size of France between … [Read more...] about In Brazil, national waters churn international hopes
Large-scale photo-voltaic energy generation in Chile
Large-scale photo-voltaic plants located in Chile’s northern Atacama Desert will pave the way for major development of the country’s abundant solar energy in a program carried out by the IDB and the International Finance Corporation with the help of financing from the Clean Technology Fund (CTF). With Chile’s ideal solar resources, photo-voltaic plants could generate power … [Read more...] about Large-scale photo-voltaic energy generation in Chile
Geothermal Risk Reduction in Chile
Resources (USD50M) from the Clean Technology Fund (both from the investment plan and from the Dedicated Private Sector Program, DPSP) will be channeled to a program designed to lower risks of geothermal exploration and encourage investment. With the contribution of the CTF and IDB, an estimated number of 2-3 projects could be financed. Given that Chile is a net importer of … [Read more...] about Geothermal Risk Reduction in Chile
Workshops and studies to reduce financing barriers for energy efficiency and self-sufficiency
Representatives of the Chilean financial, business, and government communities are participating in a comprehensive program of workshops, training, and pre-investment studies with the aim of increasing financing for renewable energy self-supply and efficiency projects, particularly for small- and medium-scale industrial, commercial, and private entities. Program participants … [Read more...] about Workshops and studies to reduce financing barriers for energy efficiency and self-sufficiency