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Sustainable Energy and Climate Change Initiative (SECCI)

SECCI

Sustainable Energy and Climate Change Initiative

Alternative energy, sustainable agriculture, climate-friendly transportation and climate resilient resource management are just some of the many areas in which the Inter-American Development Bank is leading the way in setting high sustainability standards. These standards are part of the Bank’s commitment of providing countries in Latin America and the Caribbean with the best available technologies and practices to ensure economic viability, social equity, and environmental integrity.

The goals of the Sustainable Energy and Climate Change Initiative’ are centered around the provision of comprehensive sustainability options in areas related to the energy, transportation, water and environmental sectors as well as that of building climate resilience in key priority areas vulnerable to the impacts of climate change. The Initiative consists of four strategic pillars.

In 2009 as part of the development and management of the Initiative, the IDB created the Sustainable Energy and Climate Change Unit (ECC).

SECCI

Sustainable Energy and Climate Change Initiative

Some of the primary functions of the Sustainable Energy and Climate Change Unit (ECC) are:

Mainstreaming SECCI

One of the goals of the IDB is to increase technical and scientific capacity and knowledge throughout the region in areas related to the four SECCI pillars. The IDB group will promote SECCI pillars throughout all its activities in an effort to mainstream these issues throughout the Latin American and Caribbean countries.

Directing Strategic Partnerships

The IDB has been designated as an implementing agency of the Climate Investment Funds. In order to support the objectives of the CIF, the IDB will continue to provide new and additional financing for investment in green technologies to mitigate the challenges and increased risks of climate change.

Developing Sustainability Tools

The IDB will continue to work with eminent research institutions and NGOs in order to provide Latin American and Caribbean countries with interactive and dynamic evaluation tools that provide the latest available information on the environmental and social impacts related to project development.

Supporting Policy Development

The IDB will continue to support country efforts to develop more comprehensive policies with a broader consideration for sustainable energy and climate change.

Renewable Energy and Energy Efficiency

Priority Lines of Action:

  • Assess the potential for renewable energy and energy efficiency to meet energy needs identified during country programming and strategy development. Review existing RE/EE analyses and mapping exercises, conduct additional studies, and advise governments on the best ways to develop their RE/EE potential.
  • Minimize regulatory, institutional, and financial barriers to RE/EE, and establish incentives for pursuing RE/EE. Identify and promote regulatory reforms and policy instruments to improve the policy framework for expanding investment in RE/EE.
  • Mainstream RE/EE in the IDB pipeline and develop new RE/EE projects. Identify the RE/EE potential of the IDB pipeline and search for new investment opportunities with IDB clients, utilizing a range of financing mechanisms.
  • Scale Up new RE/EE technologies. Support the development of new RE/EE technologies by making technologies available at a commercial scale and applying innovation loans for research and development.
See CIPORE Request for Proposals on how to apply


Category/ies:Regional Projects.
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