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The project objective is to direct pending private sector investment decisions towards EE/RET alternatives with a global environmental benefit so that cleaner technologies are chosen when they have good commercial viability. This will be achieved by providing finance and know-how for customized appraisals of alternative technology options. By financing alternative appraisals the project will bridge information and awareness gaps that exist between private sector borrowers, their lenders, and energy technology providers.
Financial mechanism
GEF
Date of approval
Status
Completed
Managing organisations
UNEP
Implementing organisations
UNEP
Project ID
611
GEF project type
Medium size
GEF project phase
GEF - 2
GEF Cofinancing
$180.000
GEF project grant
$750.000
Executing Agencies
UNEP