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Detail of GEF Project #444

GEF Project ID444
IBRD PO ID42054
Funding SourceGEF Trust Fund
Project NameEnergy and Water Sector Reform and Development
CountryCabo Verde
RegionAfrica
Focal AreaClimate Change
Operational Program6
PDF-B Approval Date1998-03-30
Approval Date1998-03-30
CEO Endorsement Date1999-04-13
GEF Agency Approval Date1999-05-11
Project Completion Date2008-12-31
Project StatusProject Closure
GEF AgencyWorld Bank
Executing AgencyMinistry of Economic Coordination, National Institute of Energy, National Institute of Water Resource Management, ELECTRA S.A., SEMAP, Ministry of Infrastructure and Transport
DescriptionThe GEF project, which is part of a larger energy and water sector reform and development program, supports climate change Operational Program #6, which promotes the adoption of renewable energy by removing barriers and reducing implementation costs. One GEF-supported component will fund the incremental cost of adding 7.8 MW of grid connected wind capacity to the electricity grid by financing the incremental cost of the technology and the required technical assistance. A second GEF component will stimulate the creation and growth of private sector capacity to supply, install and maintain household PV systems by providing initial equipment subsidies that will decline over a 5 year period and funding the capacity building and initial start-up costs of a PV supply system.
Implementation StatusAssociated with IDA Power and Water Project. GEF to finance only part of the RE promotion and development component. The PMU continues to perform satisfactorily. The borrower continues to be in compliance with legal covenants. The project team is helping the government implement the agreed recommendations. Should lead to significant disbursements in FY04.
PDF B Amount
230,000 USD
GEF Project Grant
4,700,000 USD
GEF Grant
4,930,000 USD
Cofinancing Total
60,070,000 USD
Project Cost
65,000,000 USD
GEF Project (CEO Endo.)
4,700,000 USD
Cofinancing Total (CEO Endo.)
43,300,000 USD
Project Cost (CEO Endo.)
48,230,000 USD
Project Documents

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