Energizing Rural Transformation

Project Summary

Promotes renewable energy for grid-based power generation, rural home lighting, rural schools and health clinics, and telecommunications to rural communities and enterprises, all integrated with national policies for rural electrification and telecommunications. Provides business development assistance to rural businesses to deliver renewable energy. Initial subsidies for off-grid systems are eventually replaced by a rural access trust fund. New financing mechanism for grid-based power are developed, including carbon finance. Power sector regulatory and policy development support grid-based renewable power. Fits both "productive uses" and "power sector policy" strategic priorities. Total project $118 m., of which $17 m. is rural grid extension investments and $2.5 m. is telecomm investments; remainder is renewable energy. GEF $2.5 m., PCF $8 m., Bank $20 m., private sector $81 m., gov’t $2.9 m., donors $3.6 m.

Project Details

GEF Project ID
2004
Project Type
Full-size Project
Status
Cancelled
Country
Swaziland
Region
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
The World Bank
Executing Agencies
Ministry of Economic Planning & Development
GEF Project Manager
Christine Woerlen |

Financials

Project Preparation Grant Amount
0 USD
GEF Project Grant
3,100,000 USD
Co-financing Total
8,600,000 USD
GEF Agency Fees
253,000 USD
Total Cost 11,700,000.00 USD

Project Timeline

Project Cancelled
07 Jul 2005