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The project will help to overcome key market barriers preventing the introduction of demand side energy management services (ESCOs) in Cote d'Ivoire and other West African countries. These are lack of experience in designing and managing energy service companies, perceived risks associated with investments in industrial energy efficiency services throughout West Africa. It is estimated that the establishment of a viable commercial market for energy efficiency services in Cote d'Ivoire alone will lead to total savings in carbon emissions of about 80,000 tonnes over the next decade.
Financial mechanism
GEF
Date of approval
Status
Completed
Countries
Managing organisations
FIDI
Implementing organisations
World Bank
Project ID
570
GEF project type
Medium size
GEF project phase
GEF - 2
GEF Cofinancing
$265.000
GEF project grant
$695.000
Executing Agencies
FIDI