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Renewable Energy Project (RREP)

Project Summary

Facilitate a sustainable market for renewable energy in the Russian Federation by supporting the development of enabling policies, institutional capacity, market facilitation and financing.

Project Details

GEF Project ID
Project Type
Full-size Project
Project Approved
Russian Federation
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
The World Bank
Executing Agencies
Ministry of Economic Development and Trade
GEF Period:
GEF - 4
Approval Fiscal Year:


Project Preparation Grant Amount
350,000 USD
GEF Project Grant
10,000,000 USD
Co-financing Total
142,785,000 USD
GEF Agency Fees
931,500 USD
Total Cost 153,135,000.00 USD

Project Timeline

Received by GEF
06 Nov 2003
Preparation Grant Approved
12 Nov 2003
Concept Approved
01 Jun 2007
Project Approved for Implementation
31 Aug 2009
Project closed