July 19, 2016 [APPROVE BY MAIL]: DPSP II: NICARAGUA: GEOTHERMAL EXPLORATION AND TRANSMISSION IMPROVEMENT PROGRAM UNDER THE PINIC (CTF) (IDBG) COMMENTS RECEIVED FROM THE TRUST FUND COMMITTEE July 19, 2016 [APPROVE BY MAIL]: DPSP II: NICARAGUA: GEOTHERMAL EXPLORATION AND TRANSMISSION IMPROVEMENT PROGRAM UNDER THE PINIC (CTF) (IDBG) COMMENTS RECEIVED GERMANY Dear Mrs. Duarte, We much appreciate having the chance to comment on you recent proposal. While we deem the overall framework and reasoning for the intervention to be sound, we would much appreciate to receive additional information on the intended early exploration risk mitigation mechanism to be financed with the proceeds from the auctioning of the exploitation license as the information provided under B 1.24b of the Proposal for Operational Development Document is relatively limited Best, Michael Kömm (p.p. Hans-Peter Küppers) Dr. Hans-Peter Küppers Sondereinheit "Klima" - Klimapolitik und Klimafinanzierung Bundesministerium für wirtschaftliche Zusammenarbeit und Entwicklung (BMZ) Special Unit "Climate" - Climate Policy and Climate Financing Federal Ministry for Economic Cooperation and Development (BMZ) Dahlmannstr. 4 53113 Bonn, Germany Phone: +49(0)228-99-535-3711 Fax: +49(0)228-99-10-535-3711 [email protected]
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