The outcome of this project will be a reduction of CO2 emissions resulting from increased energy efficiency within Kenya’s small and medium scale enterprises. This will be accomplished by removing capacity and financial barriers through formal and on the job training as well as through the introduction of new financial mechanisms. A series of demonstration retrofit projects will be carefully selected, and financing obtained to complete the energy efficiency demonstrations. Full cost-recovery for the demonstrations will be ensured to prove to SME in Kenya that improving energy efficiency can be profitable. The project will enable entrepreneurial energy and engineering firms to emerge as viable energy service companies (ESCOs) which will be prepared to carry out the investments in improved energy efficiency on a sustained basis. After successful project completion and barrier removal, the total CO2 emission reduction will be 4.2 million tonnes.

Project Details

GEF Project ID
573
Country
Kenya
Implementing Agencies
United Nations Development Programme
Approval FY
1999
Status
Completed
Region
Africa
Executing Agencies
Kenya Association of Manufacturers for the Ministry of Industrial Development
GEF Period
GEF - 2
Project Type
Full-size Project
Focal Areas
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
5,130,000
GEF Project Grant
3,193,000

Timeline

Concept Approved
01 Jul 1998
Project Approved for Implementation
19 Dec 1999
Project Closed
15 Mar 2010