The government has issued different regulations (public policies, laws, decrees, recommendations, etc.) establishing incentives, guidelines and rules for improving the efficient use of energy. However, there are no government-funded or -sponsored schemes for improving the energy efficiency of existing buildings.
Nevertheless, Decree 3683 of 2003 established and ordered the following incentives for the rational and efficient use of energy:
- The Administrative Department of Science, Technology and Innovation ("COLCIENCIAS") will be promoting lines of research in the rational and efficient use of energy.
- The Colombian Institute of Student Loans and Technical Studies Abroad (ICETEX) will be granting loans to people interested in degrees or postgraduate degrees in rational- and efficient-energy-related studies.
- The national government will be granting public awards to recognize those who excel in the rational and efficient use of energy and non-conventional sources. Such awards will be granted to: (i) corporations using energy efficiently; (ii) corporations and/or individuals conducting research in the efficient use of energy field; (iii) educational institutions teaching on the efficient use of energy.
Other (tax) incentives are further described in the "Regulation" section.