The project aims to improve the energy efficiency of its public sector thus mitigating the emissions of greenhouse gases, mainly carbon dioxide. the project seeks to remove the barriers for a sustained market of energy efficiency services and promote the implementation of energy efficiency projects in municipalities, hospitals and other public institutions. It is estimated that the project will directly help generate 45-75 projects which will result in mitigating carbon emissions. It is estimated that conditions to implement a great part of the 2.5 MtC medium-term reduction potential in the public sector will be created with additional local and global benefits.

Project Details

GEF Project ID
835
Country
Hungary
Implementing Agencies
United Nations Development Programme
Approval FY
Status
Completed
Region
Europe and Central Asia
Executing Agencies
Ministry of Economic Affairs
GEF Period
GEF - 2
Project Type
Full-size Project
Focal Areas
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
13,380,000
GEF Project Grant
4,200,000
GEF Agency Fees
382,000

Timeline

Concept Approved
Project Approved for Implementation
Project Closed