| Financier | Commitments |
|---|---|
| Global Environment Facility (GEF) | 8.00 |
Renewable Energy for Rural Economic Development
Abstract*
The Renewable Energy for Rural Economic Development Project, aims at improving the quality of rural life, by utilizing off-grid renewable energy technologies, to provide electricity in remote areas, and, in addition, promote private sector power generation from renewable energy resources for the main grid. The key components of the project are: 1) grid-connected renewable energy power generation, by enabling, on a large scale, the refinancing support... Show More
Development Objective
To reduce atmospheric carbon emission by removing barriers and reducing implementation costs for renewable energy and removing barriers to energy efficiency.
Key Details
Project Details
P077761
Closed
Abdulaziz Faghi
N/A
May 13, 2002
(as of board presentation)
June 20, 2002
October 7, 2002
US$ 8.00 million
N/A
2002
US$ 8.00 million
B
Not Applicable
December 31, 2011
BANK APPROVED
January 15, 2013
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | N/A |
| Lending Instrument | |
|---|---|
| Grant Amount | 8.00 |
| Total Project Cost** | 8.00 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
Detailed Financial Activity as of April 30, 2025
No data available.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Summary Global Objective Rating | Satisfactory | 2012-01-01 |
| Counterpart Funding | Satisfactory | 2012-01-01 |
| Overall Implementation Progress (IP) | Satisfactory | 2012-01-01 |
| Project Management | Satisfactory | 2012-01-01 |
| Overall Safeguards Rating | Satisfactory | 2012-01-01 |
| Procurement | Satisfactory | 2012-01-01 |
| Financial Management | Satisfactory | 2012-01-01 |
| Monitoring and Evaluation | Satisfactory | 2012-01-01 |
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-21-2012 |
|---|---|
| Outcomes | Substantial |
| Risk to Development Outcome | Negligible |
| Bank Performance | Substantial |
| Borrower Performance | Substantial |
| Government Performance | Substantial |
| Implementing Agency | Highly Satisfactory |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 06-25-2014 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Satisfactory | N/a |
| Risk To Development Outcome | Negligible | N/a |
| Bank Performance | Moderately Satisfactory | N/a |
| Borrower Performance | Satisfactory | N/a |
| Government Performance | N/a | |
| Implementing Agency | N/a | |
| Icr Quality | N/a | |
| M&e Quality | High | N/a |
Results Framework
No data available.