Rural Power

The purpose of this PDF activity is to directly assist preparation of a specific investment project component in electrification of off-grid rural areas in the Philippines, on a least cost basis, that is expected to include significant use of appropriate new and renewable energy (NRE) technologies and thus contribute to the mitigation of greenhouse gas (GHG) emissions. The activity will, in effect, reduce the primary market barrier to public and private investments in NRE in off-grid areas by providing to government planners and potential private participants a detailed comprehensive analysis of key issues and options in investment decision making, including technology choices, service delivery options and financing mechanisms in the specific barangays targeted by the project

Financial mechanism
GEF
Date of approval
Status
Completed
Countries
Managing organisations
Department of Energy
Project ID
1071
GEF project type
Full size
GEF project phase
GEF - 2
GEF Cofinancing
$26.500.000
GEF project grant
$10.000.000
Executing Agencies
Department of Energy