Energy Development and Access Project (formerly) Development of Renewable Energy and Energy Efficiency
Project Summary
The 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.
Project Details
| GEF Project ID | 2886 |
| Project Type | Full-size Project |
| Status | Completed |
| Country | Ghana |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | The World Bank |
| Executing Agencies | Ministry of Energy |
| GEF Period: | GEF - 3 |
| Approval Fiscal Year: | 2007 |
Financials
| Project Preparation Grant Amount | 0 USD |
| GEF Project Grant | 5,500,000 USD |
| Co-financing Total | 41,270,000 USD |
| GEF Agency Fees | 495,000 USD |
| Total Cost | 46,770,000.00 USD |
Project Timeline
Received by GEF
30 Sep 2005
Concept Approved
12 Jun 2006
Project Approved for Implementation
18 Jun 2007
Project closed
19 Aug 2015
