| Financier | Commitments |
|---|---|
| PROTOTYPE CARBON FUND | 1.96 |
| DENMARK: Danish Intl. Dev. Assistance (DANIDA) | 14.30 |
| UN Development Programme | 3.60 |
| Borrower/Recipient | 2.30 |
| Local Sources of Borrowing Country | 0.70 |
| IDA Credit | 9.40 |
| Local Communities | 26.90 |
Nepal - Village Micro Hydro
Development Objective
The proposed development objectives of the Carbon Offset Project are:
# Reduce global emissions of carbon dioxide.
# Increase access to modern energy from renewable energy sources.
The Carbon Offset project complements the ongoing World Bank Power Development Project by providing additional support for the achievement of its development objectives, in particular the objective of improving access of rural areas to electricity services. The overall development objectives of the Power Development Project are: (a) develop Nepal's hydropower potential in an environmentally and socially sustainable manner so as to help meet electricity demand, (b) improve access of rural areas to electricity services, and (c) promote private participation in the power sector as a way to improve sector efficiency and to mobilize financing for the sector's investment requirements.
Key Details
Project Details
P095978
Closed
William Nicholas Bowden
Alternative Energy Promotion Centre
January 31, 2007
(as of board presentation)
June 30, 2007
June 30, 2007
US$ 59.16 million
Alternative Energy Promotion Centre (AEPC)
2007
US$ 29.26 million
B
December 19, 2024
December 31, 2019
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 9.40 |
| IBRD + IDA Commitment | 9.40 |
| Lending Instrument | |
|---|---|
| Grant Amount | 19.86 |
| Total Project Cost** | 59.16 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
Detailed Financial Activity as of February 28, 2025
No data available.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Satisfactory | 2015-06-17 |
| Monitoring and Evaluation | Satisfactory | 2015-06-17 |
| Overall Implementation Progress (IP) | Satisfactory | 2015-06-17 |
| Project Management | Satisfactory | 2015-06-17 |
| Overall | Moderable | 2015-06-17 |
| Counterpart Funding | Satisfactory | 2015-06-17 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Generation Capacity of Hydropower constructed under the project Value 0.00 13.40 15.00 Date April 20, 2015 December 15, 2015 Comment Emission Reduction Value 0.00 100000.00 191220.00 Date June 30, 2007 December 31, 2014 December 15, 2015 Comment Number of Electrification Project Executed Value 0.00 426.00 450.00 Date June 30, 2007 April 20, 2015 December 15, 2015 Comment Generation Capacity of Hydropower constructed or rehabilitated under the project Value 0.00 13.40 15.00 Date June 30, 2007 April 20, 2015 December 15, 2015 Comment Number of Households Electrified Value 0.00 129590.00 144189.00 Date April 20, 2015 December 15, 2015 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Number of Energy Meter Installed Value 0.00 400.00 450.00 Date June 30, 2007 April 20, 2015 December 15, 2015 Comment Amount of Electricity Generated Value 0.00 46.65 46.72 Date June 30, 2007 December 31, 2014 December 15, 2015 Comment