PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

568089

Primary Business Area

Other

Disclosure Date

Apr 22, 2010

Country

Ukraine

Region

Europe

IFC Approval Date

Feb 4, 2010

Status

Active

Estimated Total Budget

$3,310,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Nov 30, 2016

Project Estimated Start Date

Jan 1, 2010

Project Description

The project supports cleaner production (CP) waste-to-energy investments in Ukraine by improving the regulatory environment, stimulating the uptake of CP improvements and investment at the company level, and raising awareness of CP among policy makers and in agribusiness and industry. The overall objective is to promote uptake of CP investments in Ukraine, specifically in the agribusiness sector. Anticipated long-term results include: 1) facilitated volume of investment in CP projects ($150 million by IFC and other financial institutions); 2) reduced costs (cumulatively $30 million per year) from CP improvements; 3) increased energy and resource efficiency of Ukrainian enterprises; and 4) avoided pollution (targeting 230,000 tons per year of CO2 equivalent avoided directly by the financed projects).