Removal of Barriers to Energy Conservation and Energy Efficiency in Small and Medium Scale Enterprises
Project Summary
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 |
| Project Type | Full-size Project |
| Status | Completed |
| Country | Kenya |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | United Nations Development Programme |
| Executing Agencies | Kenya Association of Manufacturers for the Ministry of Industrial Development |
| GEF Period: | GEF - 2 |
| Approval Fiscal Year: | 1999 |
Financials
| Project Preparation Grant Amount | 40,000 USD |
| GEF Project Grant | 3,193,000 USD |
| Co-financing Total | 5,130,000 USD |
| GEF Agency Fees | 0 USD |
| Total Cost | 8,363,000.00 USD |
