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 Project Manager
David Elrie Rodgers | drodgers@thegef.org

Financials

Project Preparation Grant Amount
1,300,000 USD
GEF Project Grant
17,750,000 USD
Co-financing Total
55,550,000 USD
GEF Agency Fees
1,660,500 USD
Total Cost 74,600,000.00 USD

Project Timeline

Received by GEF
09 Jun 2003
Preparation Grant Approved
18 Jun 2003
Concept Approved
09 Jun 2006
Project Approved for Implementation
25 Jul 2012
Project closed
30 Jun 2016