Advances in lighting technology have created new products (such as compact fluorescent lamps or CFLs) which promise significant economic and environmental benefits through large increases in energy efficiency. In many developing countries, these new, efficient lighting products still face significant barriers to wide-spread acceptance. The Efficient Lighting Initiative (ELI) is intended to take lessons learned in the IFC/GEF Poland Efficient Lighting Project (PELP) and other efficient lighting projects and apply them to a selected set of other developing countries in order to significantly accelerate the penetration of energy efficient lighting technologies. IFC has devised a program which will blend use of five basic program intervention types: (i) efficient product financial incentives; (ii) public education programs; (iii) transaction support; (iv) market aggregation; and (v) electric utility programs. A key program objective is to mobilize additional private sector resources.

Project Details

GEF Project ID
519
Country
Global
Implementing Agencies
The World Bank
International Finance Corporation
Approval FY
1999
Status
Completed
Region
Global
Executing Agencies
IFC
GEF Period
GEF - 2
Project Type
Full-size Project
Focal Areas
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
35,000,000
GEF Project Grant
9,350,000
GEF Agency Fees
0

Timeline

Concept Approved
01 Jul 1998
Project Approved for Implementation
25 Apr 1999
Project Closed
26 May 2010