| Financier | Commitments |
|---|---|
| Borrower/Recipient | 21.00 |
Jepirachi Carbon Off Set Project
Abstract*
The objective of the Jepirachi Carbon Off-Set Project is to contribute to the reduction of greenhouse gas (GHG) emissions from the power sector in Colombia through the promotion of a 19.5 MW wind-based electricity generation facility. The project is expected to displace an estimated 1.168 million metric tons of carbon dioxide equivalent over a period of 21 years and will also support a social program that will contribute to improvements in the welfare... Show More
Development Objective
The objective of the Jepirachi Carbon Offset Project (JCP or Jepirachi Project) is to contribute to the reduction of greenhouse gas (GHG) emissions from the power sector in Colombia through the promotion of a 19.5 MW wind-based electricity generation facility. The project is expected to displace an estimated 1.168 million metric tons of carbon dioxide equivalent (mtCO2e) over a period of 21 years and will also support a social program that will contribute to improvements in the welfare of the local indigenous community.The JCP, will contribute to the development of the international carbon market in Colombia through the supply of Emission Reductions (ERs), developed under the Clean Development Mechanism (CDM) as set forth under Article 12 of the Kyoto Protocol. By linking the global issue with local development concerns the project truly reflects the spirit of the CDM. The ERs are classified as high quality because of the reliability of the project and the social benefits represented by the social program for the indigenous people.
Key Details
Project Details
P074426
Closed
Claudia Croce
N/A
March 13, 2002
(as of board presentation)
December 10, 2002
March 10, 2003
US$ 21.00 million
Empresas Publicas de Medellin
2003
US$ 0.00 million
B
Not Applicable
May 31, 2020
BANK APPROVED
December 19, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | N/A |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 21.00 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
Detailed Financial Activity as of April 30, 2025
No data available.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Satisfactory | 2014-02-15 |
| Project Management | Satisfactory | 2014-02-15 |
| Monitoring and Evaluation | Satisfactory | 2014-02-15 |
| Overall | Low | 2014-02-15 |
| Overall Safeguards Rating | Satisfactory | 2014-02-15 |
| Counterpart Funding | Satisfactory | 2014-02-15 |
| Overall Implementation Progress (IP) | Satisfactory | 2014-02-15 |
| Overall Safeguards Rating | Satisfactory | 2014-02-15 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Emission Reductions Delivered to the Bank Value 0.00 153.52 433.69 Date May 30, 2013 December 31, 2013 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Wind based electricity generation facility generates electricity with a capacity of 19.5 MW and delivers its output to the nationalinterconnected grid. Value 0.00 18.20 19.50 Date January 27, 2003 May 30, 2013 December 31, 2013 Comment No wind based electricity generation. The current production averages around 54.85 GWh. Unit 15 is under maintenance. Improved access to potable water through water desalinization unit. Value No water service The water desalinization plant has been in operati Adequate functioning of the water desalinization p Date January 27, 2003 May 30, 2013 December 31, 2013 Comment