De-risking Renewable Energy Investment
Project Summary
To promote private-sector investment in large and small-scale renewable energy in order to achieve Kazakhstan’s 2030 renewable energy target
Project Details
| GEF Project ID | 9192 |
| Project Type | Full-size Project |
| Status | Project Approved |
| Country | Kazakhstan |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | United Nations Development Programme |
| Executing Agencies | Ministry of Energy of Kazakhstan |
| GEF Period: | GEF - 6 |
| Approval Fiscal Year: | 2016 |
Financials
| Project Preparation Grant Amount | 150,000 USD |
| GEF Project Grant | 4,510,000 USD |
| Co-financing Total | 51,010,000 USD |
| GEF Agency Fees | 428,450 USD |
| Total Cost | 55,670,000.00 USD |
Project Timeline
Received by GEF
21 Jul 2015
Preparation Grant Approved
15 Sep 2015
Concept Approved
01 Oct 2015
Project Approved for Implementation
17 Sep 2017
Project closed