Removing Barriers to the Reconstruction of Public Lighting (PL) Systems in Slovakia

Reconstruction of Public Lighting System
Geographical focus: Europe & CIS, Slovak Republic, EU member countries and Turkey
Project ID: 47936
Award ID: 41898
Duration: 2005 to 2008
Status: under implementation
Lead organization: UNDP/BRC
Funding:

Budget: $3,178,000.00
Co-funding source Amount
GEF $970,000.00
Funding needed: $2,208,000.00

Objectives;
Situation Analysis;
Strategy;
(Expected) Results / Outcome;
Major activities

The project has three outputs. The first will set-up the Investment Facilitation Department (IFD). The outcome of this output will be a fully operational business unit with the capabilities to identify and broker public lighting investments. The second output will set-up a project fund to enable the IFD to build an initial portfolio of investment successes. The sole-purpose of the fund is to help attract initial investors and enable the IFD to gain the experience, expertise and credibility to operate as a sustainable business entity, independently of project resources. The third output is designed to, promote the IFD more widely in the Slovak Republic, and based on early project success expand its client base. As such it will be important to make independent measurements of energy savings, and present these with investment profiles to demonstrate payback periods and the full scale of positive financial returns. This promotional material will be accompanied by lessons learned from project implementation to create the option for international transfer of best practice.

Short description Catalyzing investments in energy efficient public lighting technology to avoid CO2 increasing
Local and Implementing Partners

Slovak Energy Agency

Focal point

Geordie Colville (UNDP)

 

Lessons Learned, Links and Additional Resources

http://www.gefonline.org/projectDetails.cfm?projID=1557