IDB Helps Colombia Promote Geothermal Energy Investments

    Colombia is set to receive a $2.7 million grant from the Global Environment Facility for its geothermal project, which is expected to promote investments in the country’s renewable energy sector. The grant will be administered by the Inter-American Development Bank.

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    About the author

    • Ivy Mungcal

      As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.