The overall objective of this project is to assist Romania in reducing the long-term growth of GHG emissions from heat and power generation plants and from consumption of fossil fuel sources in the main sectors of energy demand. The project will assist in developing self-sustaining national capability for the continuous improvement of energy efficiency. This objective is in line with the national strategy proposed by the Government for the reduction of GHG emissions. It is also consistent with the Government policies to improve energy efficiency, sustain economic development and the move towards a market-oriented economy.

Project Details

GEF Project ID
284
Country
Romania
Implementing Agencies
United Nations Development Programme
Approval FY
1998
Status
Completed
Region
Europe and Central Asia
Executing Agencies
Ministry of Industries/Romanian Energy Conservation Agency (ARCE)
GEF Period
GEF - 1
Project Type
Full-size Project
Focal Areas
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
2,695,000
GEF Project Grant
2,268,000

Timeline

Concept Approved
01 Oct 1995
Project Approved for Implementation
01 Sep 1998
Project Closed
10 Jan 2014