Capacity Building to Remove Barriers to Renewable Energy Development
Project Summary
This project removes key market, policy, technical and financial barriers to renewable energy. Components include: a) strengthening the capacity of government agencies to enact and implement sound renewable energy policies; b) providing information for targeted audiences to build an renewable energy market; c) creating a "one-stop-shop" market service center for preparing and promoting renewable energy projects; d) increasing coordination among organizations concerned with renewable energy; e) assisting the market penetration of renewable energy in remote, off-grid communities by providing incentives for innovative market delivery and financing mechanisms; f) improving the quality of renewable energy technologies and systems through assistance with standard setting. The project complements ongoing and planned renewable energy and rural electrification sponsored by the government.
Project Details
| GEF Project ID | 1264 |
| Project Type | Full-size Project |
| Status | Completed |
| Country | Philippines |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | United Nations Development Programme |
| Executing Agencies | Department of Energy |
| GEF Period: | GEF - 2 |
| Approval Fiscal Year: | 2002 |
Financials
| Project Preparation Grant Amount | 305,000 USD |
| GEF Project Grant | 6,143,000 USD |
| Co-financing Total | 18,326,000 USD |
| GEF Agency Fees | 382,000 USD |
| Total Cost | 24,774,000.00 USD |
