Energy Management and Performance Related Energy Savings Scheme (EMPRESS)
Project Summary
The project will promote the concept of Monitoring & Targetting (M&T) as an energy management tool that helps achieve substantial improvements in energy-efficiency and reductions in greenhouse gas emissions. The project will support activities of the participating governments to promote the use of M&T in each country by providing a technical assistance package that addresses the barriers. It will couple these with ESCO-type financing that brings about additional private sector investment in energy savings equipment and technologies.The target sectors are industry and commercial establishments.
Project Details
| GEF Project ID | 1096 |
| Project Type | Full-size Project |
| Status | Completed |
| Country | Regional |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | United Nations Environment Programme |
| Executing Agencies | UNEP DTIE |
| GEF Period: | GEF - 3 |
| Approval Fiscal Year: | 2003 |
Financials
| Project Preparation Grant Amount | 340,000 USD |
| GEF Project Grant | 2,020,000 USD |
| Co-financing Total | 7,160,000 USD |
| GEF Agency Fees | 382,000 USD |
| Total Cost | 9,520,000.00 USD |
Project Timeline
Received by GEF
19 Aug 2003
Preparation Grant Approved
30 Apr 1999
Concept Approved
01 Oct 2002
Project Approved for Implementation
19 Aug 2003
Project closed
31 Oct 2018
