Assessment of Risk Management Instruments for Financing Renewable Energy
Project Summary
The proposed assessment effort aims to identify options for GEF risk management interventions for RET projects, covering both insurance-based and non-insurance instruments in close collaboration with private sector stakeholders, the World Bank and UNDP. The ultimate goal of the effort is to bring about the faster and more systematic deployment of renewable energy technologies by supporting and positively influencing the development of markets for renewable energy project risk management instruments.
Project Details
| GEF Project ID | 2538 |
| Project Type | Medium-size Project |
| Status | Completed |
| Country | Global |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | United Nations Environment Programme |
| Executing Agencies | UNEP |
| GEF Period: | GEF - 3 |
| Approval Fiscal Year: | 2005 |
Financials
| Project Preparation Grant Amount | 25,000 USD |
| GEF Project Grant | 969,000 USD |
| Co-financing Total | 0 USD |
| GEF Agency Fees | 146,000 USD |
| Total Cost | 994,000.00 USD |
Project Timeline
Received by GEF
Preparation Grant Approved
01 Jan 2000
Concept Approved
24 Feb 2005
Project Approved for Implementation
23 Feb 2005
Project closed
27 Oct 2018