What are the Objectives of the CBRED Project?
In keeping with the GEF mandate, the overall goal of the project is the reduction of the growth rate of GHG emissions by removing the major barriers to and reducing the costs of development of renewable energy to replace fossil fuel use in the Philippines. The project has been conceived therefore to remove major barriers by setting the following main objectives:
Strengthening of the capacity of the relevant GOP agencies to formulate, enact and implement sound RE policies;
Enhancement of RE data banking and provision of information on RE for targeted audiences to build markets;
Enhancement of coordination among organizations concerned with RE;
Assisting the market penetration of RE in remote off-grid communities through the provision of incentives, and innovative financing and delivery mechanisms; and,
Improvement of the quality of, and knowledge and skills on, RE technologies and systems.
