Promoting Energy-Efficient Motors in Small and Medium Sized Enterprises (PEEMS)

Project Summary

To promote significant additional investment in industrial energy efficiency in Turkey by transforming the market for energy efficient motors used in small and medium sized enterprises.

Project Details

GEF Project ID
9081
Project Type
Full-size Project
Status
Project Approved
Country
Turkey
Region
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
United Nations Development Programme
Executing Agencies
Turkey Ministry of Science, Industry andTechnology (MoSIT) through theDirectorate General for Productivity(DGP)
GEF Period:
GEF - 6
Approval Fiscal Year:
2015

Financials

Project Preparation Grant Amount
100,000 USD
GEF Project Grant
3,750,000 USD
Co-financing Total
28,340,000 USD
GEF Agency Fees
356,250 USD
Total Cost 32,190,000.00 USD

Project Timeline

Received by GEF
16 Mar 2015
Preparation Grant Approved
28 Apr 2015
Concept Approved
01 Jun 2015
Project Approved for Implementation
30 Nov 2016
Project closed