African Rift Geothermal Development Facility (ARGeo)
Project Summary
The Project’s development objective is to accelerate the development and utilization of geothermal resources in the Rift Valley as a pathway to low carbon development in the region. The Program’s global objective is to facilitate reduction of the growth rate of GHG emissions in the region through geothermal energy development to produce electricity.
Project Details
| GEF Project ID | 2119 |
| Project Type | Full-size Project |
| Status | Completed |
| Country | Regional |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | United Nations Environment Programme |
| Executing Agencies | Kreditanstalt für Wiederaufbau (KfW) and UNEP in collaboration with a network of national agencies |
| GEF Period: | GEF - 3 |
| Approval Fiscal Year: | 2006 |
Financials
| Project Preparation Grant Amount | 1,300,000 USD |
| GEF Project Grant | 4,750,000 USD |
| Co-financing Total | 74,261,652 USD |
| GEF Agency Fees | 427,500 USD |
| Total Cost | 80,311,652.00 USD |
Project Timeline
Received by GEF
09 Jun 2003
Preparation Grant Approved
18 Jun 2003
Concept Approved
09 Jun 2006
Project Approved for Implementation
24 Jul 2012
Project closed
07 Dec 2011