Finance and Technology Transfer Centre for Climate Change (FINTECC)

Project Summary

The Project aims to develop and demonstrate innovative policy and technical assistance packages and support development of performance-based financing mechanisms to increase investment in climate technologies in Ukraine. The Project will aim to contribute to achieving an energy efficient economy and increased energy security in Ukraine, while improving its energy self-sufficiency, in line with Ukraine 2030 Strategy.

Project Details

GEF Project ID
6942
Project Type
Full-size Project
Status
Project Approved
Country
Ukraine
Region
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
European Bank for Reconstruction and Development
Executing Agencies
GEF Period:
GEF - 6
Approval Fiscal Year:
2015

Financials

Project Preparation Grant Amount
200,000 USD
GEF Project Grant
7,000,000 USD
Co-financing Total
45,150,000 USD
GEF Agency Fees
665,000 USD
Total Cost 52,350,000.00 USD

Project Timeline

Received by GEF
12 Aug 2014
Preparation Grant Approved
03 Sep 2014
Concept Approved
01 Oct 2014
Project Approved for Implementation
17 Sep 2015
Project closed