Finance and Technology Transfer Centre for Climate Change (FINTECC)
Project Summary
The Project aims to develop and demonstrate innovative policy and technical assistance packages and support development of performance-based financing mechanisms to increase investment in climate technologies in Ukraine. The Project will aim to contribute to achieving an energy efficient economy and increased energy security in Ukraine, while improving its energy self-sufficiency, in line with Ukraine 2030 Strategy.
Project Details
| GEF Project ID | 6942 |
| Project Type | Full-size Project |
| Status | Project Approved |
| Country | Ukraine |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | European Bank for Reconstruction and Development |
| Executing Agencies | |
| GEF Period: | GEF - 6 |
| Approval Fiscal Year: | 2015 |
Financials
| Project Preparation Grant Amount | 200,000 USD |
| GEF Project Grant | 7,000,000 USD |
| Co-financing Total | 45,150,000 USD |
| GEF Agency Fees | 665,000 USD |
| Total Cost | 52,350,000.00 USD |
Project Timeline
Received by GEF
12 Aug 2014
Preparation Grant Approved
03 Sep 2014
Concept Approved
01 Oct 2014
Project Approved for Implementation
16 Sep 2015
Project closed