Project Info
Project Code
1011D
Tranche
T07
Tranche Type
Regular
Status
Closed
Title
Mitigating climate change through attracting foreign direct investment in advanced fossil fuel technologies
Entities
Implementing Entity (Lead)
ECE
Collaborating DA Entities
DESA
UNCTAD
ESCAP
Financial and Evaluation Info
Total Budget
$629,900.00
Project Selected for Evaluation
No
Countries and Regions
Areas of Work
Thematic Clusters
Macroeconomics and Finance
Sustainable Development
Objective and Expected Outcomes
Objective
To enhance the capacities of economies in transition and emerging market economies in the UNECE region as well as in similar countries in Asia, to attract FDI into advanced fossil fuels technologies for electricity generation with a view to supporting industrial and economic competitiveness, ensuring energy security and achieving low-carbon sustainable development
Expected Outcome 1
Increased skills to develop and maintain an attractive investment climate to encourage foreign direct investment into power sector based on coal and other fossil fuels to meet the growing demand for electricity and achieving related climate change goals in countries with economies in transition
Expected Outcome 2
Improved cooperative relationships between energy policy makers in countries with economies in transition and investors which should allow development of a better understanding, on the one hand, what foreign investors could bring and under which conditions in a rapidly changing energy, technology and financial environment and, on the other hand, what is the genuine electricity investment absorption capacity of each individual country in a given moment of time
Expected Outcome 3
Increased skills to develop pre-feasibility studies on the power sector and related fossil fuels projects in each targeted country