The project will support a long-term programmatic approach to develop renewable energy according to the country’s Renewable Energy Action Plan. The project supports Phase I of the REAP, building renewable energy awareness, demand, and capacity. The project will: (a) building institutional capacity at national, provincial and district levels to implement the Action Plan and develop the necessary policies and regulatory frameworks; (b) facilitate regulatory frameworks that support independent small power producers for small hydro power and other renewable energy generation; (c) establish a fund to finance and support rural community-based electric cooperatives; (d) support development and application of pico-hydro technology; (e) development renewable energy markets and private businesses. This project is the first in a series of projects that are expected to expand renewable energy activities further.

Project Details

GEF Project ID
965
Country
Viet Nam
Implementing Agencies
The World Bank
Approval FY
Status
Completed
Region
Asia
Executing Agencies
Ministry of Industry, and World Bank (Split Arrangement)
GEF Period
GEF - 2
Project Type
Full-size Project
Focal Areas
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
9,500,000
GEF Project Grant
4,500,000
GEF Agency Fees
571,000

Timeline

Received by GEF
Concept Approved
Project Approved for Implementation
Project Closed