The proposed assessment effort aims to identify options for GEF risk management interventions for RET projects, covering both insurance-based and non-insurance instruments in close collaboration with private sector stakeholders, the World Bank and UNDP. The ultimate goal of the effort is to bring about the faster and more systematic deployment of renewable energy technologies by supporting and positively influencing the development of markets for renewable energy project risk management instruments.

Project Details

GEF Project ID
2538
Country
Global
Implementing Agencies
United Nations Environment Programme
Approval FY
2005
Status
Completed
Region
Global
Executing Agencies
UNEP
GEF Period
GEF - 3
Project Type
Medium-size Project
Focal Areas
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
492,000
GEF Project Grant
969,000
GEF Agency Fees
146,000

Timeline

Concept Approved
24 Feb 2005
Project Approved for Implementation
23 Feb 2005
Project Closed
27 Oct 2018