The Global Environment Objective (GEO) is to promote renewable (geothermal) energy and reduce GHG emissions in Djibouti.
Project Development Objective: The more specific project development objective is to assess the commercial viability of the geothermal resource in Fiale Caldera (located in the Lake Assal region). Achieving this objective could lead to unlocking Djibouti’s geothermal potential – something that would help reduce domestic electricity generation costs, increase the country’s energy security of supply and foster private sector participation in the energy sector.

Project Details

GEF Project ID
4626
Country
Djibouti
Implementing Agencies
The World Bank
Approval FY
2013
Status
Completed
Region
Africa
Executing Agencies
Ministry of Energy and Water
GEF Period
GEF - 5
Project Type
Full-size Project
Focal Areas
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
25,190,000
GEF Project Grant
6,036,364
GEF Agency Fees
603,636

Timeline

Received by GEF
31 Aug 2011
Concept Approved
15 Nov 2012
Project Approved for Implementation
11 Mar 2013
Project Closed
30 Nov 2020