| Financier | Commitments |
|---|---|
| PROTOTYPE CARBON FUND | 3.15 |
| Borrower/Recipient | 62.80 |
Chile Hornitos Project (Chacabuquito II)
Abstract*
The Chile Hornitos Hydropower Project aims to help mitigate global climate change by facilitating the use of market-based mechanisms sanctioned under the Kyoto Protocol through support of clean energy projects. The Netherlands Clean Development Mechanism Facility, through the Bank's carbon Facility Unit, will purchase carbon emissions reductions as they are created through renewable energy-based electricity production under a contract analogous to... Show More
Development Objective
To help mitigate global climate change through certified carbon emission reductions (CERs) of 178,000 tCO2e per year
Key Details
Project Details
P081743
Closed
Lucia Spinelli
N/A
April 7, 2003
(as of board presentation)
June 10, 2005
June 10, 2005
US$ 65.95 million
N/A
2005
US$ 3.15 million
B
Not Applicable
December 31, 2013
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 | 3.15 |
| Total Project Cost** | 65.95 |
Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025
No data available.
Detailed Financial Activity as of July 31, 2025
No data available.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Satisfactory | 2012-11-17 |
| Counterpart Funding | Satisfactory | 2012-11-17 |
| Overall Implementation Progress (IP) | Satisfactory | 2012-11-17 |
| Monitoring and Evaluation | Moderately Satisfactory | 2012-11-17 |
| Project Management | Satisfactory | 2012-11-17 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Cumulated CERs (tCO2e) Value 0 0 600000 Date May 31, 2007 August 2, 2011 December 31, 2012 Comment No CERs have been paid yet.
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Emission Reductions Value 0.00 110160.00 600000.00 Date January 11, 2010 December 31, 2012 Comment tCO2e under verification process for period July 08 - July 09