CLEAN TECHNOLOGY FUND INVESTMENT PLAN FOR CHILE

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CLEAN TECHNOLOGY FUND INVESTMENT PLAN FOR CHILE ( clean-technology-fund-investment-plan-for-chile )

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Result Indicator Baseline Target Means of verification Timing of reporting Increased development of geothermal power plants Number of MW of capacity of geothermal in pipeline 0 (2013) [tbd] with the program Environment impact assessment system (Environment Ministry) 2016, 2019, 2030 CTF Project/Program Outputs & Outcomes Direct GHG emissions avoided M Tons of CO2e mitigated 0 (2011) (2016) RESSEE: tbd with the prep. Grant CSP: 129,300 t CO2eq/yr MiRiG: [tbd] with the program Energy Ministry10 + experimental impact evaluation considered for RESSEE Annually (March) Increased energy generation and capacity from solar power plants Number of MWh generated by RE CTF-funded projects/ programs 0 (2011) CSP: 175,200MWh/y r (2016) LSPVP & RESSEE: TBD with prep grant CNE, MDBs Annually (March) Number of MW of capacity of CTF-funded projects in operation 0 (2011) CSP: 50MW (2016) LSPVP & RESSEE: TBD with prep grant CNE, MDBs Annually (March) Increased energy generation and capacity from geothermal power plants* Number of geothermal fields supported by MiRiG program 0 (2011) [tbd] with the program CNE, MDBs Annually (March) Leveraging – new and additional resources for clean technology projects Increased investment in RESSEE Leverage factor of CTF Not Funding applicable (2011) Number of operations by CTF- 0 participating commercial (2011) banks to RESSEE measures [1:4] (2016) tbd with prep. Grant Energy Ministry, MDBs Commercial banks participating in program Annually (March) 2016, 2019 *To be confirmed/revised at the time of program/project submission 10 Renewable energy emission reduction data will be based on energy generation data from the Dispatch Centers (CDECs) and emission factors for each of the national grids from the Energy Ministry using standard IPCC methodologies. Renewable energy self-supply and energy efficiency emission reduction data will be based on the following: the climate change monitoring framework to be developed by the Energy Ministry with the support of the World Bank’s Partnership for Market Readiness; the verification tool for energy efficiency measures to be developed by the Energy Ministry in collaboration with the AChEE and as established in the ENE; and on the verification tool for RE self-supply yet to be developed (a request for the support of the UK’s Prosperity Fund has been submitted for this purpose). Page | 14

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