Reduce the dependency on fossil fuels by promoting the implementation of Energy Efficiency (EE) measures and Renewable Energy (RE) projects and solutions, including geothermal energy projects, as a way to reduce fossil fuel consumption and costs. Overall, the SEF Program aims to help increase the competitiveness of participant countries of the OECS. As a consequence, the SEF Program will also lead to the reduction of greenhouse gas emissions.

Project Details

GEF Project ID
5312
Country
Regional
Implementing Agencies
Inter-American Development Bank
Approval FY
2015
Status
Project Approved
Region
Regional
Executing Agencies
Caribbean Development Bank (CDB), Organization of the Eastern Caribbean States (OECS) Secretariat, and Organization of American States (OAS).
GEF Period
GEF - 5
Project Type
Full-size Project
Focal Areas
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
49,435,000
GEF Project Grant
3,013,698
GEF Agency Fees
286,302

Timeline

Received by GEF
26 Feb 2013
Concept Approved
01 Jun 2013
Project Approved for Implementation
15 Sep 2015