Efficient Lighting Initiative (Tranche I)
Project Summary
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 |
| Project Type | Full-size Project |
| Status | Completed |
| Country | Global |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | The World Bank |
| Executing Agencies | IFC |
| GEF Period: | GEF - 2 |
| Approval Fiscal Year: | 1999 |
Financials
| Project Preparation Grant Amount | 225,000 USD |
| GEF Project Grant | 9,350,000 USD |
| Co-financing Total | 0 USD |
| GEF Agency Fees | 0 USD |
| Total Cost | 9,575,000.00 USD |
