WASHINGTON, June 26, 2008- The following project was approved today by the World Bank’s Board of Executive Directors:
GEF Grant: US$15.155 million
Project Description: This project aims to increase the efficiency in the use of energy by developing a sustainable and growing market for energy efficiency services and equipment in Argentina. The project consists o f three components: (1) development of the Argentina Energy Efficiency Fund (AEEF), and a related grant facility to finance preparation of a pipeline of projects; (2) development of a Utility EE program focused on efficient lighting; and (3) capacity building in the area of EE, as well as support for project management.
For more information, please call Gabriela Aguilar at (202) 473-6768 or e-mail at gaguilar2@worldbank.org
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