The proposed project is expected to have three main components: (a) establishment of a financial intermediation mechanism to support private sector energy efficiency investments (through ESCO projects among others); (b) a sustainable partial guarantee fund; and (c) technical assistance to local financial institutions, other intermediaries on the development of bankable projects and the mechanisms to secure project financing and creation of ESCOs, and for energy end-user information dissemination and development of a limited number of demonstration projects. The project will focus in a first instance on the larger and medium-size industries, which present the bulk of potential for energy efficiency measures.

Project Details

GEF Project ID
1905
Country
Tunisia
Implementing Agencies
The World Bank
Approval FY
2004
Status
Completed
Region
Africa
Executing Agencies
Tunisia's National Renewable Energy Agency (ANER)
GEF Period
GEF - 3
Project Type
Full-size Project
Focal Areas
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
23,300,000
GEF Project Grant
8,500,000
GEF Agency Fees
796,000

Timeline

Received by GEF
08 Jun 2003
Concept Approved
21 Nov 2003
Project Approved for Implementation
05 Oct 2004
Project Closed
25 May 2012