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Detail of GEF Project #128

GEF Project ID128
Funding SourceGEF Trust Fund
Project NameEnergy Efficiency Project
RegionLatin America and Caribbean
Focal AreaClimate Change
Operational Program5
Approval Date1997-07-01
CEO Endorsement Date1999-05-18
GEF Agency Approval Date1999-10-05
Project Completion Date2006-06-30
Project StatusProject Closure
GEF AgencyWorld Bank
DescriptionThe integrated IBRD and GEF project will support supply-side loss-reduction investments; promote integrated supply- and demand-side management pilot projects; create mechanisms to finance investments in energy efficiency by utilities, consumers and ESCOs (including improved institutional and policy frameworks); and provide capacity building and TA to support electric energy efficiency and conservation programs, financial mechanisms, policies, regulations and standards.
Implementation StatusProject implementation is satisfactory. There were some difficulties during the power crisis of 2001-2002 but these have been handled well and electricity consumption in Brazil is now 10\% less than it was during project appraisal whilst Brazil has shown positive economic growth during this period. It is expected that the project will fully commit the Grant funds over the next few months.
GEF Project Grant
20,000,000 USD
GEF Grant
20,000,000 USD
Cofinancing Total
180,000,000 USD
Project Cost
200,000,000 USD
GEF Project (CEO Endo.)
20,000,000 USD
Cofinancing Total (CEO Endo.)
105,500,000 USD
Project Cost (CEO Endo.)
125,500,000 USD
Project Documents

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