SAP004
Energy Efficient Consumption Loan Programme
Energy Efficient Consumption Loan Programme
This programme will provide loans to energy efficiency heating appliances and housing products, with heating appliances certified to achieve at least a 20 percent reduction in energy usage.
Project timeline
Pipeline
05 Mar 2018 - 230 days
Concept note received
05 Mar 2018
Funding proposal received
30 Mar 2018
Cleared by GCF Secretariat
04 May 2018
Cleared by iTAP
08 Jun 2018
Legal opinion on AE's Internal Approval
22 Jun 2018
Approved
20 Oct 2018 - 221 days
Approved by GCF Board
20 Oct 2018
FAA executed
18 Apr 2019
Under implementation
28 May 2019 - 1,963 days so far
FAA effective
28 May 2019
Disbursement - USD 1,000,000
14 Jun 2019
Disbursement - USD 1,000,000
14 Jun 2019
Disbursement - USD 8,000,000
13 Nov 2023
To be completed
28 May 2029 - 1,691 days to go
-
Financing
- Private sector
- Public sector
-
Size
- Micro
- Small
- Medium
- Large
GCF financing100% disbursed
Instrument | Amount |
---|---|
Loan | USD 9,000,000 |
Grant | USD 1,000,000 |
Total GCF Financing |
---|
USD 10,000,000 |
Co-financing
Co-financer | Instrument | Amount |
---|---|---|
Co-Financing | Loan | USD 9,000,000 |
Co-Financing | Grant | USD 2,500,000 |
Total Co-Financing |
---|
USD 11,500,000 |
GCF Contacts
General media inquiries
GCF CommunicationsSend e-mail
Request for information
GCF Information DisclosureRequest information about this project
Project complaints and grievances
GCF Independent Redress Mechanism (IRM)Phone +82 32 458 6186 (KST)
File a complaint
Integrity issues
GCF Independent Integrity Unity (IIU)Phone +82 32 458 6714 (KST)
Send e-mail
Accredited Entity
XacBank JSC (Mongolia)
Director, Eco Banking Department
XacBank Headquarters Building, Post Branch 20A, P.O. Box 72, Ulaanbaatar, Mongolia
Project Development Officer
XacBank Headquarters Building, Post Branch 20A, P.O. Box 72, Ulaanbaatar, Mongolia
More contacts
National Designated Authority
Ministry of Environment and Tourism
15160 Government building 2, United Nation's street 5/2, Chingeltei district, Ulaanbaatar, Mongolia
Documents
Title | Type | Date |
---|---|---|
2022 Annual Performance Report for SAP004: Energy Efficient Consumption Loan Programme | Annual Performance Report | 28 Feb 2023 |
2020 Annual Performance Report for SAP004: Energy Efficient Consumption Loan Programme | Annual Performance Report | 28 Feb 2021 |
Gender action plan for SAP004: Energy Efficient Consumption Loan Programme | Gender action plan | 16 Jan 2019 |
Gender assessment for SAP004: Energy Efficient Consumption Loan Programme | Gender assessment | 16 Jan 2019 |
Energy efficient consumption loan | Approved funding proposal | 28 Nov 2018 |