Sustainable and Competitive Infrastructure DPL Series (WB-P173424)

Countries
  • Colombia
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Feb 15, 2021
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Colombia
The holder of the loan, grant, or other investment.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 300.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 300.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Apr 23, 2020

Disclosed by Bank Apr 8, 2020


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

The Program Development Objective of this DPL is to strengthen Colombia's policy framework on low-carbon development strategies related to green multimodal transport and urban mobility, clean energy transition and competitiveness, improving fiscal management and leveraging long-term private financing for green infrastructure.

Investment Description
  • World Bank (WB)
Contact Information
 

Borrowing agency

Ministry of Finance - Cesar Arias, Director, Public Credit and National Treasury, Cesar.Arias@minhacienda.gov.co

Implementing agency

Ministry of Mines and Energy - Diego Mesa, Vice-Minister, dmesa@minenergia.gov.co

Ministry of Transport, Angela Orozco Gomez, Minister of Transport, aorozco@mintransporte.gov.co

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: https://www.inspectionpanel.org.