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Detail of GEF Project #3005
| GEF Project ID | 3005 |
| Funding Source | GEF Trust Fund |
| Project Name | CleanTech Fund |
| Country | Regional |
| Region | Latin America and Caribbean |
| Focal Area | Climate Change |
| Operational Program | 6 |
| Approval Date | 2006-02-07 |
| Project Status | Under Implementation |
| GEF Agency | IADB |
| Executing Agency | Econergy International Corporation (FMC) |
| Description | The objective of the IDB CleanTech Fund, which the proposed GEF component will complement, is to make equity or quasi-equity investments in small- to medium-size enterprises (SMEs) that implement renewable energy power production projects that reduce the use of fossil fuel use in the Latin American and Caribbean region. |
| Implementation Status | In execution (started October 2006) |
| GEF Project Grant | 995,000 USD |
| GEF Grant | 995,000 USD |
| Cofinancing Total | 61,200,000 USD |
| Project Cost | 62,195,000 USD |
| GEF Agency Fees | 89,550 USD |
| Project Documents |
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