Can’t find a document? Request Information

RG-M1182 : MicroCarbon Development Fund

Project Status: Approved

The MIF will launch the MicroCarbon Development Fund (MCDF) ¿ a carbon-based investment vehicle that will structure investments in at least 7-10 CDM Programmes of Activities (or PoAs). The Fund will invest in demand-side energy efficiency programs that deliver verifiable benefits to smaller firms and low-income communities and administer technical assistance grants to support training for local firms. The Fund is expected to have a total capitalization of US$50 million, and the MIF will commit up to US$ 10 million in capital, and US$ 2 million in non-reimbusable grants.

Project Detail

Project Number
RG-M1182
Approval date
September 29, 2010
Project Country
Regional
Project Sector
ENERGY
Project Subsector
ENERGY-ENERGY EFFICIENCY AND RENEWABLE ENERGY IN END USE
Project Type
Technical Cooperation
Environmental and social impact category
B13
Project Status
Approved

Project Information

Total Cost
USD 790,000
Country counterpart financing
USD 250,000
Fund
MIF-Small Enterprise Dev. Facility

Approved

Title
Type
Project Number
Date Published