Development of an Energy Efficiency Program for the Industrial Sector for Tunisia

Project Summary

The proposed project is expected to have three main components: (a) establishment of a financial intermediation mechanism to support private sector energy efficiency investments (through ESCO projects among others); (b) a sustainable partial guarantee fund; and (c) technical assistance to local financial institutions, other intermediaries on the development of bankable projects and the mechanisms to secure project financing and creation of ESCOs, and for energy end-user information dissemination and development of a limited number of demonstration projects. The project will focus in a first instance on the larger and medium-size industries, which present the bulk of potential for energy efficiency measures.

Project Details

GEF Project ID
Project Type
Full-size Project
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
The World Bank
Executing Agencies
Tunisia's National Renewable Energy Agency (ANER)
GEF Period:
GEF - 3
Approval Fiscal Year:


Project Preparation Grant Amount
GEF Project Grant
8,500,000 USD
Co-financing Total
23,300,000 USD
GEF Agency Fees
796,000 USD
Total Cost 31,800,000.00 USD

Project Timeline

Received by GEF
09 Jun 2003
Concept Approved
01 Nov 2003
Project Approved for Implementation
06 Oct 2004
Project closed
30 Nov 2011