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The project’s global objective is to achieve GHG reductions through the alleviation of policy, information, institution capacity and financing barriers that currently hinder renewable energy technology dissemination and market development in Nicaragua. The Development Objective is to create a mechanism to focus and heighten the government commitment to extend electrification services in a sustainable manner as an engine for economic growth with social equity.
Financial mechanism
GEF
Date of approval
Status
Completed
Countries
Managing organisations
Comision Nacional de Energia (CNE)
Project ID
1079
GEF project type
Full size
GEF project phase
GEF - 3
GEF Cofinancing
$27.200.000
GEF project grant
$7.504.300
Executing Agencies
Comision Nacional de Energia (CNE)