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The Trust Fund that supports the incentives for the Green Credit Line, offers a reimbursement depending on the reduction of the environmental impact really obtained with the project which it is object of the credit:
If the environmental impact reduction is lower than 30%, no reimbursement is granted
If the reduction is between 30% and 50%, a reimbursement of 15% of the value of the credit is granted
For reductions bigger than 50%, a reimbursement of 25% is granted
The maximum reimbursed quantity is USD 200.000 or its equivalent in Colombian Pesos, for every project / credit.
The National Cleaner Production Center will recommend the reimbursement depending on the reduction in the environmental impact, based on real measurements with equipments of laboratory, measurements that must be realized before (ex-ante) and after (ex-post) of the implementation of the project. The costs of these measurements, as well as the evaluation and monitoring of the project, can be included in the value of the credit.
The respective reimbursement will be paid to the company, trough financial Intermediary, as a prepayment on the balance of the credit.
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