Liquid and Gaseous Fossil Fuel Power Plant Guidelines: An Approach to Reconciling the Financing of Fossil Fuel Power Plants with Climate Change Objectives

The present guidelines outline the criteria for eligibility and aim to provide clear and quantitative minimum performance criteria (MPC) deemed necessary for the IDB to support fossil fuel power plant projects. In addition, they provide guidance on assessing and reducing greenhouse gas (GHG) emissions of projects in accordance with the best available appropriate technologies. Thus, this document is an approach to financing new fossil fuel power plants in a manner consistent with the IDB's commitment to protecting the environment and reducing adverse impacts on the global climate as established in its Environment and Safeguards Compliance Policy.