GEF

During the last decade, the Global Environment Facility (GEF) has provided more than US$1 billion for more than 270 climate change-related projects in 120 countries.

The Evaluation Department of the Danish Ministry of Foreign Affairs (EVAL) initiated the Evaluation of the operation of the Least Developed Countries Fund (LDCF) at the request of the Ministry's Environmental Secretariat.

The programme being initiated in this project seeks to test out a process whereby rural communities can develop an organization to obtain financing for their renewable electrification investments, procure the renewable energy services from private sector

The overall objective of this project is to assist Romania in reducing the long-term growth of GHG emissions from heat and power generation plants and from consumption of fossil fuel sources in the main sectors of energy demand.

The Global Environmental objective, as mentioned by the TE, is to mitigate energy sector impact on local and global environment by the reduction of CO2 emissions by 8, 000 tons per year and savings of 40, 000 MWh per year.

The Global Environment objective was to reduce the emission of greenhouse gases, save energy and costs by removing barriers to implementation of climate-friendly, commercially viable technologies.

The purpose of this study is to provide an overall evaluation of the results and performance of the Global Environment Facility's (GEF) Climate Change Program from its inception in 1991 to mid-2004.

GEF climate change programs are innovative and unique because they reflect integrated strategies to remove barriers and reduce costs for a broad range of applications and markets for energy efficiency and renewable energy technologies.