Rural Power
Project Summary
The purpose of this PDF activity is to directly assist preparation of a specific investment project component in electrification of off-grid rural areas in the Philippines, on a least cost basis, that is expected to include significant use of appropriate new and renewable energy (NRE) technologies and thus contribute to the mitigation of greenhouse gas (GHG) emissions. The activity will, in effect, reduce the primary market barrier to public and private investments in NRE in off-grid areas by providing to government planners and potential private participants a detailed comprehensive analysis of key issues and options in investment decision making, including technology choices, service delivery options and financing mechanisms in the specific barangays targeted by the project
Project Details
| GEF Project ID | 1071 |
| Project Type | Full-size Project |
| Status | Completed |
| Country | Philippines |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | The World Bank |
| Executing Agencies | Department of Energy |
| GEF Period: | GEF - 2 |
| Approval Fiscal Year: | 2002 |
Financials
| Project Preparation Grant Amount | 350,000 USD |
| GEF Project Grant | 10,000,000 USD |
| Co-financing Total | 26,500,000 USD |
| GEF Agency Fees | 1,200,000 USD |
| Total Cost | 36,850,000.00 USD |
