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Detail of GEF Project #2886
| GEF Project ID | 2886 |
| IBRD PO ID | 70970 |
| Funding Source | GEF Trust Fund |
| Project Name | Energy Development and Access Project (formerly) Development of Renewable Energy and Energy Efficiency |
| Country | Ghana |
| Region | Africa |
| Focal Area | Climate Change |
| Operational Program | 6; 6; 5 |
| Pipeline Entry Date | 2005-12-15 |
| Approval Date | 2006-08-01 |
| CEO Endorsement Date | 2007-06-19 |
| GEF Agency Approval Date | 2007-07-26 |
| Project Status | Under Implementation |
| Executing Agency | Ministry of Energy |
| Description | The global objective of this project is to assist Ghana in mitigating climate change through the reduction of greenhouse gas emissions. The development objective is to provide increased access to affordable, clean, and efficient energy services. The GEF project intends to assist Ghana in establishing an enabling environment of a policy and regulatory framework and facilitating market development to attract private sector participation in large-scale commercialization of RE/EE. Consequently, it is expected that an increasing number of local entrepreneurs would be emerged to provide RE/EE services, which would result in increased energy access, improved energy efficiency, as well as reduced greenhouse gas emissions. |
| GEF Project Grant | 5,500,000 USD |
| GEF Grant | 5,500,000 USD |
| Cofinancing Total | 157,000,000 USD |
| Project Cost | 162,500,000 USD |
| GEF Agency Fees | 495,000 USD |
| GEF Project (CEO Endo.) | 5,500,000 USD |
| Cofinancing Total (CEO Endo.) | 41,270,000 USD |
| Project Cost (CEO Endo.) | 46,770,000 USD |
| Project Documents |
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