Renewable Energy Project

The objective of the proposed project is to increase the share of renewable energy production in Armenia through the development of a self-sustaining, market-based financial mechanism.

Financial mechanism
GEF
Date of approval
Status
Completed
URL
https://www.thegef.org/projects-operations/projects/2537
Countries
Armenia
Managing organisations
Ministry of Energy and Energy Resources
Implementing organisations
World Bank
Project ID
2537
GEF project type
Full size
GEF project phase
GEF - 3
GEF Cofinancing
$22.050.000
GEF project grant
$3.000.000
Executing Agencies
Ministry of Energy and Energy Resources