Boiler and power co-generation at COLTEJER; Medellín, Antioquia. Photo: Juan Daniel Correa

Renewable Energy and Energy Efficiency Investment Promotion

USAID is supporting comprehensive and quantitative analysis of energy efficiency opportunities to guide future project investments in strategic sectors.  Energy efficiency/renewable energy projects are being structured and promoted in ceramic, glass, and brick manufacturing; agro-industrial, food and beverage; metal-mechanic; and textile subsectors, in alliance with national businesses and the financial sector; and through the Project Preparation Facility.

KEY ACHIEVEMENTS

  • 34,157 metric tons of CO2 equivalent reduced as of March 2016, decreasing the quantity of greenhouse gas emissions.
  • Cleaner energy solutions developed for the brick and ceramic sector in the departments of Antioquia, Boyacá, Caldas, and Cordoba.
  • Development of the Clean Energy Project Preparation Facility (PPF): technical and financial assistance mechanism to promote and enable private sector investment in concrete EE/RE projects. The PPF is working with industries such as paper & pulp, steel, metallurgical, tetile, chemical, agroindustrial and food & beverage plants, as well as major retail chains in 8 cities. Via the PPF, CCEP and UPME have been assisting the Colombian private sector in engineering designs and financial structuring of EE/RE projects worth over USD $125M with the potential of avoiding over 200,000 tons of CO2 emissions per year.

 

 

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