Highlights of support provided by SECCI to carbon finance:

METRO S.A. – Chile

The IDB has provided assistance to Metro of Santiago de Chile, for analysis of CDM and voluntary markets potential of portfolio of projects on energy efficiency projects. The technical support included the feasibility analysis of the implementation of a new train control system and of an increase in the energy efficiency for the train line 1, and for the construction of a new line, express line 2. Thanks to the results of this analysis Metro S.A. is developing a program of enhanced energy use for  its trains. The IDB has also supported the preparation of a CDM Project design document (PDD) that is now undergoing validation.

Energy Regulation Commission (CRE) – México

The IDB is supporting the Energy Regulation Commission of Mexico (CRE) in analyzing the potential of promoting and structuring programmes of activities (POAs) for small-scale private and interconnected renewable energy projects. The analysis should assist the CRE in promoting the scale up of investments in renewable energy projects and in planning in integrating carbon finance in its activities.

Hydroelectric project “La Yesca” of Federal Commission for Electricity (CFE) - México

Since the end of 2009 the IDB has been supporting the Federal Commission for Electricity (CFE) of Mexico in developing and validating the hydroelectric project “La Yesca plant”, located in Hostotipaquillo, Jalisco. The hydroelectric will have a capacity of 750 MW and should generate approximately 1.210 GWh/year. It is estimated that the Project will reduce about se 12,310 tCO2e/year. IDB has supported the feasibility study, the preparation of the PDD and the validation process. This project is to expected be registered in 2011. The IDB will also support the CFE with the marketing of carbon credits that may be generated by the project. 

Bancolombia - Colombia

the IDB supported Bancolombia, one of the largest commercial banks in Colombia, in developing opportunities to promote carbon finance as part of its business. An analysis of the portfolio of projects of Bancolombia was undertaken, and opportunities for reducing emissions amounting to 2.8 million of tCO2e were identified. A number of pilot CDM projects were also identified and supported. More than 100 staff have been trained to identify potential CDM projects in the bank operations.