KfW announced the launch of Geothermal Development Facility, Latin America – a multi-donor climate initiative to promote geothermal energy in Latin America. The fund will provide grants for exploration studies, exploratory drilling and some technical assistance. Qualified developers in Chile, Bolivia, Peru, Ecuador, Colombia, Costa Rica, Nicaragua, El Salvador, Honduras and Guatemala can apply for funding.
IDA Fund Management, LLC will serve as the Fund managers with oversight from KfW. Read more here.
