ARCTIC: Targeted Support for Energy Efficiency and Renewable Energy in the Russian Arctic
Project Summary
To reduce greenhouse gas emissions in the Russian Federation through support and financing for targeted investments in sustainable energy in the municipal infrastructure sector of the Russian Arctic.
Project Details
| GEF Project ID | 4683 |
| Project Type | Full-size Project |
| Status | Concept Approved |
| Country | Russian Federation |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | European Bank for Reconstruction and Development |
| Executing Agencies | Ministry of Economic Development of the Russian Federation |
| GEF Period: | GEF - 5 |
| Approval Fiscal Year: | 2012 |
Project Documents
Financials
| Project Preparation Grant Amount | 210,460 USD |
| GEF Project Grant | 6,100,917 USD |
| Co-financing Total | 84,055,000 USD |
| GEF Agency Fees | 549,083 USD |
| Total Cost | 90,366,377.00 USD |
Project Timeline
Received by GEF
20 Sep 2011
Preparation Grant Approved
14 Jun 2012
Concept Approved
01 Nov 2011
Project Approved for Implementation
Project closed