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Detail of GEF Project #2886

GEF Project ID2886
Funding SourceGEF Trust Fund
Project NameEnergy Development and Access Project (formerly) Development of Renewable Energy and Energy Efficiency
Focal AreaClimate Change
Operational Program6; 6; 5
Pipeline Entry Date2005-12-15
Approval Date2006-08-01
CEO Endorsement Date2007-06-19
GEF Agency Approval Date2007-07-26
Project StatusUnder Implementation
GEF AgencyWorld Bank
Executing AgencyMinistry of Energy
DescriptionThe global objective of this project is to assist Ghana in mitigating climate change through the reduction of greenhouse gas emissions. The development objective is to provide increased access to affordable, clean, and efficient energy services. The GEF project intends to assist Ghana in establishing an enabling environment of a policy and regulatory framework and facilitating market development to attract private sector participation in large-scale commercialization of RE/EE. Consequently, it is expected that an increasing number of local entrepreneurs would be emerged to provide RE/EE services, which would result in increased energy access, improved energy efficiency, as well as reduced greenhouse gas emissions.
GEF Project Grant
5,500,000 USD
GEF Grant
5,500,000 USD
Cofinancing Total
157,000,000 USD
Project Cost
162,500,000 USD
GEF Agency Fees
495,000 USD
GEF Project (CEO Endo.)
5,500,000 USD
Cofinancing Total (CEO Endo.)
41,270,000 USD
Project Cost (CEO Endo.)
46,770,000 USD
Project Documents

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