Projects

This project aims to promote the renewable hydrogen market in Chile, foster local supply chains and strengthen the potential for renewable hydrogen exports to Europe, while considering the importance of a just energy transition. 

The support of the Global Gateway Renewable Hydrogen Funding Platform for Chile is designed to channel private sector funding to allow for the required financing for the first renewable hydrogen projects at industrial scale and favour the necessary cost reduction in the sector. This platform is a joint effort of the European Commission together with KfW and EIB.

Renewable hydrogen has been identified by the European Commission as a key enabler to transition to climate neutrality. Its future demands in the European Union will require the creation of global markets to import large volumes of renewable hydrogen from countries able to meet high economic attractiveness and sustainability targets set by the EU. Therefore, the development of a ren...

Sector: Sustainable energy    |   Projected total investment size: € 1 250 000 000    |   EU contribution: € 16 510 000
Dates: Dec/2023 - Dec/2028    |   Status: ONGOING    |   Countries: Chile

The Geothermal Development Facility for Latin America aims at overcoming existing barriers to the development of geothermal energy by providing: (i) a tailored Geothermal Risk Mitigation Fund in order to diminish geothermal resource risk during the exploratory drilling stage of the project; (ii) geothermal investment financing windows to deliver anchor financing for subsequent investments during the production drilling and construction stages; and (iii) a Technical Assistance Forum to offer a suitable venue for policy dialogue between donors and partner governments. The project is led by KfW and counts with the support from the European Union through LACIF and CABEI, JICA, CAF, EIB, IDB, AFD, the World Bank.

Sector: Sustainable energy    |   Projected total investment size: € 71 000 000    |   EU contribution: € 20 500 000
Dates: Dec/2014 - Dec/2026    |   Status: ONGOING    |   Countries: Bolivia, Chile, Colombia, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Peru

LACIF and KfW provided support to the Government of Chile through this project in its transformation efforts towards a low carbon energy sector, which involved decoupling economic growth from Green House Gas emissions. The Program's activities comprised the financing and complementary technical assistance of concentrated solar power (CSP) plants as well as large-scale photovoltaic projects in Chile. One of the main components of the Program was to enable the construction of the first CSP power plant in South America with a targeted capacity of 110 MW.

Sector: Sustainable energy    |   Projected total investment size: € 1 400 000 000    |   EU contribution: € 15 300 000
Dates: Dec/2013 - Jun/2022    |   Status: COMPLETED    |   Countries: Chile

The LACIF contribution to this AECID-led initiative aims to improve water and sewerage infrastructures and contribute to reducing the risk of diseases caused by deficient water management in the Latin American region through the development of various projects. These are grouped into two components: Component I, projects for adaptation to climate change (ACC) and Component II, projects for the integrated management of water resources.

The projects include the reinforcement of capacities associated with the programs; studies developed in the pre-investment phase to identify new investments in new actions; review of regulations and the development of methodologies, tools and manuals which have an impact on future investments.

Sector: Water supply & sanitation    |   Projected total investment size: € 883 300 000    |   EU contribution: € 15 300 000
Dates: Dec/2013 - Jun/2024    |   Status: ONGOING    |   Countries: Argentina, Bolivia, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay, Venezuela

LACIF supported AFD and CAF in this program whose goal was to increase knowledge of urban development and transport in the region, by identifying new sources of financing for public transport projects (public-private partnerships, land valuation, etc.); identifying the regulatory obstacles to innovative transport projects and the way to surmount them; highlighting the potential of local communities to carry out this type of projects; and making it possible to define the technical and financial contours of specific projects in targeted cities (master plans and prefeasibility studies), thus promoting the emergence and implementation of public transport projects in the region.

Sector: Transport    |   Projected total investment size: € 403 000 000    |   EU contribution: € 3 000 000
Dates: Oct/2011 - Apr/2017    |   Status: COMPLETED    |   Countries: Argentina, Bolivia, Chile, Colombia, Costa Rica, Ecuador, Mexico, Paraguay, Peru, Uruguay

This program was aimed at financing investments in renewable energy and environmental protection projects in Latin America. To complement the investment funding of KfW, the EU granted technical assistance funds through LACIF to carry out studies that fostered innovative technologies and projects in the sector with the aim of converting them into potential investment projects for CAF. These included feasibility studies and renewable energy potential assessments for Latin American countries, among other climate change projects and initiatives.

Sector: General Environment Protection    |   Projected total investment size: € 452 915 000    |   EU contribution: € 3 000 000
Dates: Mar/2011 - Feb/2021    |   Status: COMPLETED    |   Countries: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, Mexico, Paraguay, Peru, Uruguay