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The
Good News Agency
Lebanon
to Get $3.5m Energy & Environment Grant
A $3.4 million grant - the single largest UNDP environmental contribution
to Lebanon - will finance a new initiative to help the country reduce
greenhouse gas emissions, conserve energy and cut the power bill for
the public sector, businesses and households alike.
The five-year project - funded within the framework of the Global Environmental
Facility - will be launched in the coming few months. Its $4.9 million
total cost will be covered jointly through the new UNDP grant and the
Lebanese government, which has put up $1 million for its implementation.
An additional $ 500,000 will be secured by UNDP from other sources.
The project will also help reform the Ministry's administration by establishing
a Lebanese Centre for Energy Conservation and Planning.
http://www.undp.org/dpa/index.html
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