Philippines Sustainable Energy Finance Program

Project Summary

To contribute to market tarnsformation through mobilization of private financial sector investment in sustainable energy projects in order to reduce GHG emissions, to improve energy security and economic development in the Philippines.

Project Details

GEF Project ID
2108
Project Type
Full-size Project
Status
Completed
Country
Philippines
Region
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
The World Bank
Executing Agencies
International Finance Corporation (IFC)
GEF Project Manager
Dimitrios Zevgolis |

Financials

Project Preparation Grant Amount
0 USD
GEF Project Grant
5,300,000 USD
Co-financing Total
20,000,000 USD
GEF Agency Fees
477,000 USD
Total Cost 25,300,000.00 USD

Project Timeline

Received by GEF
09 Jun 2003
Concept Approved
12 Jun 2006
Project Approved for Implementation
13 Apr 2009
Project closed
30 Jun 2015