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The Inter-American Development Bank (IDB) has been successfully designing and implementing solutions to help our partners overcome the challenges of geothermal power. The support of the IDB combines credit operations and technical cooperation to help our borrowers promote investments in all stages of geothermal development. The IDB offers a range of financial products and risk mitigation instruments to suit the needs of each type of project in each of its stages of development, depending on the public or private nature of the project and the final borrower. Our programs aim to jumpstart and develop geothermal projects, combining the use of private and public resources and channeling international support in the most efficient manner. In this way, the IDB offers Latin America and the Carbbean countries an opportunity to diversify their energy matrix, increasing energy security while reducing carbon emissions, contributing to a more sustainable growth path. The IDB, through its public and private arms, can support projects through: 1. Grants to finance technical assistance: • Regulatory studies for the development of specific geothermal regulation or related issues such as environmental and social aspects of geothermal projects • Prefeasibility studies, such as surface studies, hydrochemical and hydrogeological studies, electromagnetic studies, modelling • Design of Public Private Partnership (PPP) schemes • Capacity building in financial institutions and government agencies • Technical evaluation of proposals • Design of financial instruments How can the IDB help?PDF Image | Promoting Geothermal Development
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