Promoting Energy Efficient Room Air Conditioners (PEERAC) Project

Project Summary

Reduction of China’s future GHG emissions through transformation of the Chinese room air conditioner (RAC) market to production and sale of more energy-efficient RACs.

Project Details

GEF Project ID
3700
Project Type
Full-size Project
Status
Completed
Country
China
Region
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
United Nations Development Programme
Executing Agencies
Ministry of Environmental Protection
GEF Period:
GEF - 4
Approval Fiscal Year:
2009

Financials

Project Preparation Grant Amount
100,000 USD
GEF Project Grant
6,263,600 USD
Co-financing Total
21,350,000 USD
GEF Agency Fees
636,360 USD
Total Cost 27,713,600.00 USD

Project Timeline

Received by GEF
04 Jun 2008
Preparation Grant Approved
16 Sep 2008
Concept Approved
01 Nov 2008
Project Approved for Implementation
20 Jan 2010
Project closed
09 Mar 2018