Abstract
As of 30 June 2010, the Global Environment Facility (GEF) had invested US$9.5 billion in six focal areas, with the climate change mitigation focal area receiving the largest proportion of funds. Within the climate change focal area, investments in energy efficiency received the highest proportion of funds when exclusive and mixed energy efficiency projects are included. From 1991 to 30 June 2010, the GEF has invested US$872 million in 162 exclusive energy efficiency projects in 35 countries. Of the 162 projects, 49 were completed by 30 June 2010. China has developed and implemented the largest number of GEF energy efficiency projects involving a significant amount of GEF funds. Two Agencies, the World Bank and the United Nations Development Programme (UNDP), implemented 85 % of the 162 projects and utilized almost 90 % of total funds (GEF resources and co-finance). Within energy efficiency, buildings projects received the most funding. In addition to the 162 financed projects, 75 energy efficiency projects were slowly moving and 65 of these were exclusively focused on energy efficiency alone. The 49 completed and 65 slowly moving projects are the basis for this analysis.
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Reference
Project Management Information System (PMIS) (2010). The GEF database for project management. https://www.gefpmis.org/login.aspx. Accessed 1 Dec 2011.
Acknowledgments
The author is indebted to Dr. Robert K. Dixon, head of the Climate and Chemicals team of the GEF and Mr. Andre Laperriere, deputy CEO of the GEF for directing this book-writing project, editing this book, and supporting the publication of this book at Springer London. The author is grateful to the following people for their contributions to developing database and editing this book: Ms. Megan Nicholson, Dr. Yun Wu, Ms. Ye Zou, Dr. Omid Parhizkar, Mr. Bjoern Buesing, Dr. Ruktai Ace Prurapark, Mr. Victor Raynaud, Dr. Linda S. Heath, Dr. Chizuru Aoki, Mr. David E. Rodgers, Dr. Lily Uy Hale, and Ms.Tingting Tang. Acknowledgements are also due to Dr. Lily Uy Hale, Mr. Neeraj Kumar Negi and Ms. Baljit Wadhwa, Mr. Kenneth M. Chomitz, Mr. Richard H. Hosier, Mr. Alan Miller, and Mr. Marcel Alers, Dr. Barbara Buchner, Mr. Michael Chen, and ten energy efficiency professionals of the World Bank, the GEF Evaluation Office, the International Finance Corporation, the Scientific and Technical Advisory Panel of UNEP, the UNDP, University of Virginia Technology, and Springer in London for their comments on the book.
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© 2013 World Bank
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Yang, M. (2013). GEF Energy Efficiency Investment Portfolio. In: Closing the Gap. Springer, London. https://doi.org/10.1007/978-1-4471-4516-5_6
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DOI: https://doi.org/10.1007/978-1-4471-4516-5_6
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