Barrier Removal to Renewable Energy Programme

Project Summary

The project will help to mitigate greenhouse gas emissions by addressing institutional, information, know-how, perceived risk and other investment barriers to increased use of photovoltaic energy sources by households, institutions, commercial entities and agro industries. Specifically the project will: Assist local stakeholders in building local capacities to promote, install and service PV applications; help to develop and implement favorable regulatory frameworks, facilitate the establishment of viable financial mechanisms (micro lending). The latter will address up-front investment cost barriers and related risk perceptions. The project will help to demonstrate viability of investments in photovoltaic energy and encourage widespread replication.

Project Details

GEF Project ID
641
Project Type
Full-size Project
Status
Completed
Country
Malawi
Region
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
United Nations Development Programme
Executing Agencies
Department of Energy
GEF Period:
GEF - 2
Approval Fiscal Year:
1999

Financials

Project Preparation Grant Amount
64,800 USD
GEF Project Grant
3,353,000 USD
Co-financing Total
7,304,000 USD
GEF Agency Fees
0 USD
Total Cost 10,721,800.00 USD

Project Timeline

Received by GEF
Preparation Grant Approved
08 Jul 1997
Concept Approved
07 May 1999
Project Approved for Implementation
15 Oct 2000
Project closed
31 Dec 2011