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Efficient Lighting Initiative (Tranche I)

Geography
🇦🇷 Argentina, International, 🇵🇪 Peru
Approval FY
1998
Fund
Global Environment Facility
Fund Spend
$9,350,000
Co-Financing
$35,000,000

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Climate financeClimate fundFinance flowFinance and insurance sector+ 39 more

Summary

Advances in lighting technology have created new products (such as compact fluorescent lamps or CFLs) which promise significant economic and environmental benefits through large increases in energy efficiency. In many developing countries, these new, efficient lighting products still face significant barriers to wide-spread acceptance. The Efficient Lighting Initiative (ELI) is intended to take lessons learned in the IFC/GEF Poland Efficient Lighting Project (PELP) and other efficient lighting projects and apply them to a selected set of other developing countries in order to significantly accelerate the penetration of energy efficient lighting technologies. IFC has devised a program which will blend use of five basic program intervention types: (i) efficient product financial incentives; (ii) public education programs; (iii) transaction support; (iv) market aggregation; and (v) electric utility programs. A key program objective is to mobilize additional private sector resources.

About this project

Geography
🇦🇷 Argentina, International, 🇵🇪 Peru, 🇿🇦 South Africa
Fund
Global Environment Facility
Fund Spend
$9,350,000
Co-Financing
$35,000,000
Status
Project Completed
Implementing Agency
International Finance Corporation
Type
Project
Topics
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Just transition
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Note

Global Environment Facility

Project information is sourced from the Global Environment Facility. Please check terms of use for citation and licensing of third party data.