Systems Efficiency Improvement, Equitization and Renewables (SEER) Project - Renewables Components
Project Summary
The project will support a long-term programmatic approach to develop renewable energy according to the country’s Renewable Energy Action Plan. The project supports Phase I of the REAP, building renewable energy awareness, demand, and capacity. The project will: (a) building institutional capacity at national, provincial and district levels to implement the Action Plan and develop the necessary policies and regulatory frameworks; (b) facilitate regulatory frameworks that support independent small power producers for small hydro power and other renewable energy generation; (c) establish a fund to finance and support rural community-based electric cooperatives; (d) support development and application of pico-hydro technology; (e) development renewable energy markets and private businesses. This project is the first in a series of projects that are expected to expand renewable energy activities further.
Project Details
| GEF Project ID | 965 |
| Project Type | Full-size Project |
| Status | Completed |
| Country | Viet Nam |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | The World Bank |
| Executing Agencies | Ministry of Industry, and World Bank (Split Arrangement) |
| GEF Period: | GEF - 2 |
| Approval Fiscal Year: | 2002 |
Financials
| Project Preparation Grant Amount | 350,000 USD |
| GEF Project Grant | 4,500,000 USD |
| Co-financing Total | 9,500,000 USD |
| GEF Agency Fees | 571,000 USD |
| Total Cost | 14,350,000.00 USD |
