Coal Fired Power Plants Guidelines: An Approach to Reconciling the Financing of Coal Fired Power Plants with Climate Change Objectives

These guidelines set forth an approach for the financing of coal fired thermoelectric generation plants (coal plants), in a manner consistent with the IDB's vision to prioritize the development of renewable energy sources and it's commitment to the protection of the environment, including reducing adverse impacts on the global climate. This document delineates the basic elements of IDB's approach to finance Coal Plants. The document is divided into four parts: (i) a mid-term scenario which describes the need to increase Coal Plants at a faster pace than overall electricity demand; (ii) a technical section which summarizes the types of coal plants and associated environmental issues, with a specific focus on climate change impacts; (iii) the principles of other multilateral development banks with regard to financing of Coal Plants; and (iv) the proposed IDB approach to finance Coal Plants.