PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

577207

Primary Business Area

Other

Disclosure Date

Jul 19, 2010

Country

Eastern Europe Subregion

Region

Europe

IFC Approval Date

Apr 26, 2010

Status

Active

Estimated Total Budget

$2,607,750.00
(Project budget includes all project-funded activities)

Last Updated Date

Nov 30, 2016

Project Estimated Start Date

Mar 9, 2010

Project Description

The program conducts at least 30 scoping visits and at least 20 in-depth advisory engagements with clients in the Europe and Central Asia region to promote the uptake of cleaner production (CP) investments in Eastern Europe. It performs initial CP audits for each client and produces baseline data. The program also conducts at least eight workshops to raise awareness of CP among firms, policy makers, and financial institutions. Approximately 50 percent of program activities are in IDA (International Development Association) countries or in frontier regions of middle-income countries. Objectives are to: 1) facilitate $90 million (including $60 million from IFC) of investment in CP projects; 2) reduce costs by $18 million per year as a result of CP improvements; 3) avoid 120,000 tons per year of GHG emissions through financed projects; and 4) increase overall energy and resource efficiency of client enterprises.