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Detail of GEF Project #1071

GEF Project ID1071
IBRD PO ID72096
Funding SourceGEF Trust Fund
Project NameRural Power
CountryPhilippines
RegionAsia and the Pacific
Focal AreaClimate Change
Operational Program6
Pipeline Entry Date2001-05-14
PDF-B Approval Date2001-05-14
Approval Date2002-05-17
CEO Endorsement Date2003-09-22
GEF Agency Approval Date2003-12-04
Project StatusUnder Implementation
Executing AgencyDepartment of Energy
DescriptionThe purpose of this PDF activity is to directly assist preparation of a specific investment project component in electrification of off-grid rural areas in the Philippines, on a least cost basis, that is expected to include significant use of appropriate new and renewable energy (NRE) technologies and thus contribute to the mitigation of greenhouse gas (GHG) emissions. The activity will, in effect, reduce the primary market barrier to public and private investments in NRE in off-grid areas by providing to government planners and potential private participants a detailed comprehensive analysis of key issues and options in investment decision making, including technology choices, service delivery options and financing mechanisms in the specific barangays targeted by the project
Implementation StatusThe number of RET companies (six) accredited and operating in rural areas already exceeds the minimum target number (four) at the end of the program and DBP already approved two mini-hydros subprojects that will, upon operation in 2006/2007, result in 13,184 tons of CO2 emission avoided per year. However, delays have been encountered in the operationalization of the loan guarantee fund and in PV market penetration. On balance, Project implementation progress is satisfactory.
PDF B Amount
350,000 USD
GEF Project Grant
10,000,000 USD
GEF Grant
10,350,000 USD
Cofinancing Total
26,500,000 USD
Project Cost
36,850,000 USD
GEF Agency Fees
1,200,000 USD
GEF Project (CEO Endo.)
10,000,000 USD
Cofinancing Total (CEO Endo.)
26,500,000 USD
Project Cost (CEO Endo.)
36,850,000 USD
Project Documents

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