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Detail of GEF Project #3005

GEF Project ID3005
Funding SourceGEF Trust Fund
Project NameCleanTech Fund
RegionLatin America and Caribbean
Focal AreaClimate Change
Operational Program6
Approval Date2006-02-07
Project StatusUnder Implementation
Executing AgencyEconergy International Corporation (FMC)
DescriptionThe objective of the IDB CleanTech Fund, which the proposed GEF component will complement, is to make equity or quasi-equity investments in small- to medium-size enterprises (SMEs) that implement renewable energy power production projects that reduce the use of fossil fuel use in the Latin American and Caribbean region.
Implementation StatusIn execution (started October 2006)
GEF Project Grant
995,000 USD
GEF Grant
995,000 USD
Cofinancing Total
61,200,000 USD
Project Cost
62,195,000 USD
GEF Agency Fees
89,550 USD
Project Documents

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