This project removes key market, policy, technical and financial barriers to renewable energy. Components include: a) strengthening the capacity of government agencies to enact and implement sound renewable energy policies; b) providing information for targeted audiences to build an renewable energy market; c) creating a "one-stop-shop" market service center for preparing and promoting renewable energy projects; d) increasing coordination among organizations concerned with renewable energy; e) assisting the market penetration of renewable energy in remote, off-grid communities by providing incentives for innovative market delivery and financing mechanisms; f) improving the quality of renewable energy technologies and systems through assistance with standard setting. The project complements ongoing and planned renewable energy and rural electrification sponsored by the government.

Project Details

GEF Project ID
1264
Country
Philippines
Implementing Agencies
United Nations Development Programme
Approval FY
2002
Status
Completed
Region
Asia
Executing Agencies
Department of Energy
GEF Period
GEF - 2
Project Type
Full-size Project
Focal Areas
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
18,326,000
GEF Project Grant
6,143,000
GEF Agency Fees
382,000

Timeline

Concept Approved
01 Dec 2001
Project Approved for Implementation
23 Sep 2002
Project Closed
02 Nov 2016