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Detail of GEF Project #3891
| GEF Project ID | 3891 |
| Funding Source | GEF Trust Fund |
| Project Name | Sustainable Energy Framework for Barbados |
| Country | Barbados |
| Region | Latin America and Caribbean |
| Focal Area | Climate Change |
| Strategic Program | CC-1; CC-3 |
| PIF Approval Date | 2009-03-31 |
| Approval Date | 2010-03-02 |
| Project Status | CEO Approved |
| GEF Agency | IADB |
| Executing Agency | The Ministry of Finance, Investment and Energy (MFIE) |
| Description | Project Objective: The general objective of this project is to promote renewable energy (RE) and energy efficiency (EE) in Barbados, thus reducing the country’s dependency from imported fossil fuels, enhancing security and stability in energy supply, and improving overall environmental sustainability in the country. The specific objectives of this project—related to the respective project Components described below—are: (i) To help the Government of Barbados (GoB) develop a Sustainable Energy Framework (SEF) for Barbados, and achieve institutional strengthening in the areas of RE and EE (see Component 1) (ii) To help the GoB achieve EE in the country’s key sectors, and to implement energy efficiency pilot projects (see Component 2) (iii) To help the GoB identify and promote the most effective alternatives for RE generation, and to implement renewable energy pilot projects (see Component 3) (iv) To ensure wide dissemination of all project activities and results, thus contributing to spreading sustainable energy practices in Barbados (see Component 4). |
| GEF Project Grant | 1,000,000 USD |
| GEF Grant | 1,000,000 USD |
| Cofinancing Total | 1,435,000 USD |
| Project Cost | 2,435,000 USD |
| GEF Agency Fees | 100,000 USD |
| GEF Project Grant (CEO Appr.) | 1,000,000 USD |
| Cofinancing Total (CEO Appr.) | 11,805,000 USD |
| Project Cost (CEO Appr.) | 12,805,000 USD |
| GEF Agency Fees (CEO Appr.) | 100,000 USD |
| Project Documents |
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