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Detail of GEF Project #786
| GEF Project ID | 786 |
| IBRD PO ID | 70246 |
| Funding Source | GEF Trust Fund |
| Project Name | Krakow Energy Efficiency Project |
| Country | Poland |
| Region | Europe and Central Asia |
| Focal Area | Climate Change |
| Operational Program | 5 |
| PDF-B Approval Date | 2000-04-26 |
| Approval Date | 2000-05-01 |
| CEO Endorsement Date | 2004-09-21 |
| GEF Agency Approval Date | 2004-10-14 |
| Project Completion Date | 2011-06-30 |
| Project Status | Under Implementation |
| Executing Agency | The Municipal District Heating Company (MPEC) of Krakow |
| Description | The objectives of the GEF project are to: (i) facilitate the participation of local banks in financing the ESCO component of the proposed IBRD project, by reducing the credit risks for eligible ESCO clients and extending loans directly to these clients; and (ii) facilitate the implementation of energy efficiency measures having payback periods extending beyond the ESCO financing terms. |
| Implementation Status | After MoF transferred ownership and responsibility of project to MoELSP, the latter became the Recipient and BGK the Executing Agency of the grant. Preparation grant closed and $10,934 was cancelled and returned. A Completion Report for PDF-B preparation grant was delivered to ENV. The project was approved and declared effective on 3/18/2005. |
| PDF B Amount | 184,250 USD |
| GEF Project Grant | 11,000,000 USD |
| GEF Grant | 11,184,200 USD |
| Cofinancing Total | 88,000,000 USD |
| Project Cost | 99,184,200 USD |
| GEF Agency Fees | 867,000 USD |
| GEF Project (CEO Endo.) | 11,000,000 USD |
| Project Cost (CEO Endo.) | 11,184,200 USD |
| Project Documents |
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