The project will help to mitigate greenhouse gas emissions by addressing institutional, information, know-how, perceived risk and other investment barriers to increased use of photovoltaic energy sources by households, institutions, commercial entities and agro industries. Specifically the project will: Assist local stakeholders in building local capacities to promote, install and service PV applications; help to develop and implement favorable regulatory frameworks, facilitate the establishment of viable financial mechanisms (micro lending). The latter will address up-front investment cost barriers and related risk perceptions. The project will help to demonstrate viability of investments in photovoltaic energy and encourage widespread replication.

Project Details

GEF Project ID
641
Country
Malawi
Implementing Agencies
United Nations Development Programme
Approval FY
2000
Status
Completed
Region
Africa
Executing Agencies
Department of Energy
GEF Period
GEF - 2
Project Type
Full-size Project
Focal Areas
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
7,304,000
GEF Project Grant
3,353,000

Timeline

Concept Approved
07 May 1999
Project Approved for Implementation
14 Oct 2000
Project Closed
21 Nov 2013