The project objective is to direct pending private sector investment decisions towards EE/RET alternatives with a global environmental benefit so that cleaner technologies are chosen when they have good commercial viability. This will be achieved by providing finance and know-how for customized appraisals of alternative technology options. By financing alternative appraisals the project will bridge information and awareness gaps that exist between private sector borrowers, their lenders, and energy technology providers.

Project Details

GEF Project ID
611
Country
Global
Implementing Agencies
United Nations Environment Programme
Approval FY
1999
Status
Completed
Region
Global
Executing Agencies
UNEP
GEF Period
GEF - 2
Project Type
Medium-size Project
Focal Areas
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
180,000
GEF Project Grant
750,000
GEF Agency Fees
0

Timeline

Received by GEF
25 Jan 1999
Concept Approved
16 Mar 1999
Project Approved for Implementation
15 Mar 1999
Project Closed
30 Nov 2005