Energy Development and Access Project (formerly) Development of Renewable Energy and Energy Efficiency

The global objective of this project is to assist Ghana in mitigating climate change through the reduction of greenhouse gas emissions. The development objective is to provide increased access to affordable, clean, and efficient energy services. The GEF project intends to assist Ghana in establishing an enabling environment of a policy and regulatory framework and facilitating market development to attract private sector participation in large-scale commercialization of RE/EE. Consequently, it is expected that an increasing number of local entrepreneurs would be emerged to provide RE/EE services, which would result in increased energy access, improved energy efficiency, as well as reduced greenhouse gas emissions.

Financial mechanism
GEF
Date of approval
Status
Completed
Countries
Managing organisations
Ministry of Energy
Implementing organisations
World Bank
Project ID
2886
GEF project type
Full size
GEF project phase
GEF - 3
GEF Cofinancing
$41.270.000
GEF project grant
$5.500.000
Executing Agencies
Ministry of Energy