-To catalyse a paradigm shift in the market by proving the commercial viability of small-scale standardised energy efficiency lending, leading to the continued and mainstreamed offering of such products.
-To lower South Africa’s carbon-intensive energy demand, and emissions from private sector industries and hence contributing towards shifting the national emissions trajectory.

Project Details

GEF Project ID
11064
Country
South Africa
Implementing Agencies
Development Bank of Southern Africa
Approval FY
1970
Status
Concept Approved
Region
Africa
Executing Agencies
Development Bank of Southern Africa
GEF Period
GEF - 8
Project Type
Full-size Project
Focal Areas
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
509,000,000
GEF Project Grant
14,678,968
GEF Agency Fees
1,321,032

Timeline

Received by GEF
27 Feb 2023
Concept Approved
09 Feb 2024