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A spice shop in Şanlıurfa, Turkey. Energy efficiency projects in Turkey are helping small and large businesses benefit from better and more affordable sources of energy. Photo: Yusuf Türker/ World Bank
  • Clean Technology Fund (CTF)
  • Clean Technology
  • Renewable Energy Integration
Project id: PCTFPH064A

Renewable Energy Accelerator Program (REAP)

PROJECT SNAPSHOT

GENERAL INFORMATION

TitleRenewable Energy Accelerator Program (REAP)
Project id
PCTFPH064A
Country
Philippines
RegionAsia
Program
Clean Technology Fund (CTF)
Status
MDB Board Approval

FINANCING

Approved Amount (USD MILLION)
25.60
FINANCIAL PRODUCT (USD MILLION)
Grant : 0.1
CIF Funding
0.10
Co financing
476.9
Committee approval date
09/30/2010
MDB approval date
12/22/2014
MDB / IMPLEMENTING PARTIES
International Finance Corporation
SECTOR TYPE
Private Sector

DOCUMENTS

Document Links
  • Decision Document
More Information

Germany (September 13, 2010)
France (September 23, 2010)
United Kingdom (September 23, 2010)
United States (September 24, 2010)
Germany (September 29, 2010)
United Kingdom (September 29, 2010)
Australia (September 29, 2010)
IFC Response to UK, US, Germany, and France (September 27, 2010)
IFC Response to United Kingdom (October 6, 2010)

PROJECT FINANCING

APPROVED CIF FUNDING
$0.1M
EXPECTED CO-FUNDING
$476.9M
SOURCES OF CO-FINANCING
CO-FINANCING RATIO
Bilateral
17% (75M)
MDB
24% (105M)
Private Sector
60% (265M)

Data as of December 31, 2021

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

THIS PROJECT CONTRIBUTES TO THE FOLLOWING SUSTAINABLE DEVELOPMENT GOALS (SDGS):

No Poverty
 Affordable and Clean Energy
Industry, Innovation and Infrastructure
Climate action

IMPLEMENTING PARTNERS

International Finance Corporation

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News
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