Philippines Sustainable Energy Finance Program
Project Summary
To contribute to market tarnsformation through mobilization of private financial sector investment in sustainable energy projects in order to reduce GHG emissions, to improve energy security and economic development in the Philippines.
Project Details
| GEF Project ID | 2108 |
| Project Type | Full-size Project |
| Status | Project Approved |
| Country | Philippines |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | The World Bank |
| Executing Agencies | International Finance Corporation (IFC) |
| GEF Period: | GEF - 3 |
| Approval Fiscal Year: | 2007 |
Financials
| Project Preparation Grant Amount | 0 USD |
| GEF Project Grant | 5,300,000 USD |
| Co-financing Total | 28,534,540 USD |
| GEF Agency Fees | 477,000 USD |
| Total Cost | 33,834,540.00 USD |
Project Timeline
Received by GEF
09 Jun 2003
Concept Approved
12 Jun 2006
Project Approved for Implementation
12 Apr 2009
Project closed