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Detail of GEF Project #786

GEF Project ID786
Funding SourceGEF Trust Fund
Project NameKrakow Energy Efficiency Project
RegionEurope and Central Asia
Focal AreaClimate Change
Operational Program5
PDF-B Approval Date2000-04-26
Approval Date2000-05-01
CEO Endorsement Date2004-09-21
GEF Agency Approval Date2004-10-14
Project Completion Date2012-10-31
Project StatusProject Completion
GEF AgencyWorld Bank
Executing AgencyThe Municipal District Heating Company (MPEC) of Krakow
DescriptionThe objectives of the GEF project are to: (i) facilitate the participation of local banks in financing the ESCO component of the proposed IBRD project, by reducing the credit risks for eligible ESCO clients and extending loans directly to these clients; and (ii) facilitate the implementation of energy efficiency measures having payback periods extending beyond the ESCO financing terms.
Implementation StatusAfter MoF transferred ownership and responsibility of project to MoELSP, the latter became the Recipient and BGK the Executing Agency of the grant. Preparation grant closed and $10,934 was cancelled and returned. A Completion Report for PDF-B preparation grant was delivered to ENV. The project was approved and declared effective on 3/18/2005.
PDF B Amount
184,250 USD
GEF Project Grant
11,000,000 USD
GEF Grant
11,184,250 USD
Cofinancing Total
88,000,000 USD
Project Cost
99,184,250 USD
GEF Agency Fees
867,000 USD
GEF Project (CEO Endo.)
11,000,000 USD
Project Cost (CEO Endo.)
11,184,250 USD
Project Documents

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