Energy Efficiency Market Development

Project Summary

The project will help to overcome key market barriers preventing the introduction of demand side energy management services (ESCOs) in Cote d'Ivoire and other West African countries. These are lack of experience in designing and managing energy service companies, perceived risks associated with investments in industrial energy efficiency services throughout West Africa. It is estimated that the establishment of a viable commercial market for energy efficiency services in Cote d'Ivoire alone will lead to total savings in carbon emissions of about 80,000 tonnes over the next decade.

Project Details

GEF Project ID
570
Project Type
Medium-size Project
Status
Completed
Country
Cote d'Ivoire
Region
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
The World Bank
Executing Agencies
FIDI
GEF Period:
GEF - 2
Approval Fiscal Year:
1999

Financials

Project Preparation Grant Amount
0 USD
GEF Project Grant
695,000 USD
Co-financing Total
265,000 USD
GEF Agency Fees
0 USD
Total Cost 960,000.00 USD

Project Timeline

Received by GEF
12 May 1998
Project Approved for Implementation
24 Jul 1998
Project closed
31 Dec 2002