The project will assist Argentina in removing key barriers to energy conservation in the street lighting sector. These barriers to energy conservation in the street lighting sector. These barriers include lack of information about viable energy saving opportunities in street lighting, access to commercial sources of financing, and increased transaction costs for initial installations. More specifically, the project will enable the development, structuring and financing of viable model transactions that demonstrate innovative mechanisms to overcoming identified market barriers. These mechanisms have a high replication potential in the Argentinean markets and could also be introduced in other street lighting market with a high energy savings potential. Projected annual energy savings after barrier removal exceed 1450 GWh.

Project Details

GEF Project ID
569
Country
Argentina
Implementing Agencies
The World Bank
Approval FY
1998
Status
Completed
Region
Latin America and Caribbean
Executing Agencies
IFC
GEF Period
GEF - 2
Project Type
Medium-size Project
Focal Areas
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
0
GEF Project Grant
736,250
GEF Agency Fees
0

Timeline

Received by GEF
11 Jun 1998
Concept Approved
24 Jul 1998
Project Approved for Implementation
23 Jul 1998
Project Closed
20 Dec 2002