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Canada’s Total Climate Finance Contribution:
$220,000 CAD
- 2010 to 2011: $220,000 CAD
Targeted Regions:
Funding Period: 2010 to 2011
Type of Support:
Mitigation
Project Funded through a Canadian Facility:
IFC - Canada Climate Change Program (CCCP)
Delivery Channel:
Description
The IFC-Canada Climate Change Program is providing financing for this project, with the objective to catalyze uptake and increase investment in energy and water efficient solutions so that companies and municipalities in Europe and Central Asia (ECA) can become more productive and competitive. This project will deliver advisory services on energy and resource efficiency to 18–20 corporate or municipal clients during three years.
Results/Expected Outcomes
This project is expected to mobilize an additional $4.15 million in co-financing from public and private sources, facilitating an additional US$90 million of investment in resource efficiency improvements. In addition the project aims to save 220,000 megawatt hours (MWh) of energy and 1.4 million m3 of water use annually, which will lead to an estimated greenhouse gas emissions reduction of 100,000 metric tons of CO2 per year.*
Additional Finance Mobilized:
($CAD)
$4,150,000
Estimated GHG (metric tons of CO₂) Reduction Associated with Project (per year)Disclaimer *:
100,000