Project rationale and objectives: (i) Reduce Hungary's emissions of greenhouse gases (short-term measure) by improving energy efficiency for end-user applications(ii) Create local capacity to fund further energy efficiency projects and applications. (iii) Encourage the replication of the project elsewhere and raise public awareness about energy efficiency, as part of the country's climate change response strategy

Project Details

GEF Project ID
1316
Country
Hungary
Implementing Agencies
The World Bank
International Finance Corporation
Approval FY
2001
Status
Completed
Region
Europe and Central Asia
Executing Agencies
International Finance Corporation
GEF Period
GEF - 2
Project Type
Medium-size Project
Focal Areas
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
93,200,000
GEF Project Grant
700,000
GEF Agency Fees
240,000

Timeline

Received by GEF
21 Jun 2001
Concept Approved
03 Oct 2001
Project Approved for Implementation
02 Oct 2001
Project Closed
29 Dec 2008