PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

600108

Primary Business Area

Investment Climate

Disclosure Date

Apr 29, 2014

Country

Ethiopia

Region

Africa

IFC Approval Date

Feb 19, 2014

Status

Completed

Estimated Total Budget

$1,500,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Jul 2, 2019

Project Estimated End Date

Jun 30, 2016

Project Description

IFC will work with the Ethiopia Ministry of Water, Irrigation and Energy (MoWIE) to support the Government of Ethiopia (GoE) to design and implement a long-term strategy for the development of Ethiopia's geothermal resources, with a focus on identifying and recommending models to leverage private investment and expertise in the sector. The project will identify key regulatory, institutional and capacity needs for the realization of the strategy and support the development of the required regulations, institutions, and capacity. The project will be conducted in two sequential phases: Phase 1 will comprise strategy design, including both recommendations for one or more models of private sector participation and identification of specific regulatory, institutional, and capacity needs required to implement the strategy; phase 2 will involve direct support to MoWIE and other GoE bodies as appropriate in order to implement the strategy, including drafting and/or revising geothermal laws and regulations; providing technical and commercial capacity building to GoE and other relevant institutions; and supporting the implementation of the recommended institutional structure.

Development Results

E&S Risks / Impacts and Mitigation