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World Bank Photo Collection lamdscape with roads in Armenia. Photo: Vigen Sargsyan / World Bank
  • Scaling Up Renewable Energy Program in Low Income Countries (SREP)
  • Renewable Energy Integration
  • Climate Finance
Project id: PSREAM087A

Caucasus Green Economy Financing Facility (GEFF)

PROJECT SNAPSHOT

GENERAL INFORMATION

TitleCaucasus Green Economy Financing Facility (GEFF)
Project id
PSREAM087A
Country
Armenia
RegionEurope & Central Asia
Program
Scaling Up Renewable Energy Program in Low Income Countries (SREP)
Status
MDB Board Approval

FINANCING

Approved Amount (USD MILLION)
2.25
FINANCIAL PRODUCT (USD MILLION)
Grant : 2.25
CIF Funding
2.25
Co financing
19.25
Committee approval date
02/13/2020
MDB approval date
12/22/2020
MDB / IMPLEMENTING PARTIES
European Bank for Reconstruction and Development
SECTOR TYPE
Private Sector

DOCUMENTS

PROJECT FINANCING

APPROVED CIF FUNDING
$2.25M
EXPECTED CO-FUNDING
$19.25M
SOURCES OF CO-FINANCING
CO-FINANCING RATIO
MDB
83% (11.25M)
Private Sector
17% (2.25M)

Data as of December 31, 2021

For latest MDB and Government Focal point, please contact CIF Admin Unit @ cifadminunit@worldbank.org

IMPLEMENTING PARTNERS

European Bank for Reconstruction and Development

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