CleanTech Fund
Project Summary
The 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.
Project Details
| GEF Project ID | 3005 |
| Project Type | Medium-size Project |
| Status | Project Approved |
| Country | Regional |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | Inter-American Development Bank |
| Executing Agencies | Econergy International Corporation (FMC) |
| GEF Period: | GEF - 3 |
| Approval Fiscal Year: | 2006 |
Financials
| Project Preparation Grant Amount | 0 USD |
| GEF Project Grant | 995,000 USD |
| Co-financing Total | 0 USD |
| GEF Agency Fees | 89,550 USD |
| Total Cost | 995,000.00 USD |
Project Timeline
Received by GEF
14 Oct 2005
Concept Approved
07 Feb 2006
Project Approved for Implementation
06 Feb 2006
Project closed