Energy Efficiency Co-Financing Program 2 (HEECP2)

Project Summary

Project rationale and objectives: (i) Reduce Hungary's emissions of greenhouse gases (short-term measure) by improving energy efficiency for end-user applications(ii) Create local capacity to fund further energy efficiency projects and applications. (iii) Encourage the replication of the project elsewhere and raise public awareness about energy efficiency, as part of the country's climate change response strategy

Project Details

GEF Project ID
1316
Project Type
Medium-size Project
Status
Project Approved
Country
Hungary
Region
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
The World Bank
Executing Agencies
International Finance Corporation
GEF Period:
GEF - 2
Approval Fiscal Year:
2002

Financials

Project Preparation Grant Amount
0 USD
GEF Project Grant
700,000 USD
Co-financing Total
93,200,000 USD
GEF Agency Fees
240,000 USD
Total Cost 93,900,000.00 USD

Project Timeline

Received by GEF
22 Jun 2001
Project Approved for Implementation
03 Oct 2001
Project closed